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Japan's F-35 orders to lift defense spending to new heights

Tokyo will allocate $240bn over 5 years as Washington pressures it to buy more

A U.S. airman sits in an F-35 stealth fighter ahead of an air show in Paris. Japan plans to buy 105 of these planes by the end of fiscal 2023.

TOKYO -- Japan's ruling coalition approved on Thursday a government plan to spend a record 27.47 trillion yen ($242 billion) for defense in the five years through fiscal 2023 that includes big-ticket purchases of American hardware, responding to U.S. President Donald Trump's calls to narrow the bilateral trade imbalance.

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