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Will Japan announce defense spending increase to 3% of GDP by end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official Japanese government budget announcements or reports
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Trump Nominates Elbridge Colby as Defense Policy Chief on December 22, Advocating Japan's Defense Spending Increase to 3% of GDP
Dec 23, 2024, 07:12 AM
U.S. President-elect Donald Trump has nominated Elbridge Colby for the position of policy chief at the Defense Department, a move that could have significant implications for Japan's defense spending. Colby is known for advocating that Japan should increase its defense budget to 3% of its GDP, a stance he reiterated in an October post where he cited concerns over potential Chinese aggression towards Taiwan. His nomination aligns with Trump's broader strategy to bolster U.S. defense ties in the Asia-Pacific region.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No Increase • 25%