Tariffs have been a defining feature of US trade policy under President Donald Trump’s second administration. Since Trump unveiled his “reciprocal” tariff policy in April 2025, the landscape has shifted repeatedly.In February 2026, the US Supreme Court invalidated tariffs imposed…
REGULATORY
MHLW Compiles Proposal for PMD Law Amendment, Eyes Diet Submission of Related Bill Next Year
The Ministry of Health, Labor and Welfare (MHLW) has drafted a paper outlining a series of proposals to amend the Pharmaceuticals and Medical Devices (PMD) Law, which include the legislation of its conditional approval and sakigake systems, and administrative fines…
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