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…
BUSINESS
Sumitomo Sets Out for Reconstruction, Further Cost Cuts in FY2024
In the face of widening losses at Sumitomo Pharma, its parent company Sumitomo Chemical has vowed to rebuild the drug maker by creating a “leaner” domestic structure in FY2024. So far, however, Sumitomo Pharma President Hiroshi Nomura is mum about…
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