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
Abolish PMP or Narrow Down Its Scope: MOF Panel FY2018 Budget Recommendation
The Fiscal System Council submitted its recommendation paper for FY2018 budget formulations to Finance Minister Taro Aso on November 29, calling for scrapping the so-called price maintenance premium (PMP) or narrowing down its scope. In the paper, the key advisory…
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