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 Seeks at Least 275 Billion Yen to Shore Up Drug Supplies
The Ministry of Health, Labor and Welfare (MHLW) is seeking at least 274.9 billion yen in its FY2027 budget request for five programs aimed at strengthening stable drug supplies, including new support to bring API production for medical countermeasures (MCMs)…
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