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 Finalizes Paper on Emergency Approval System, Set to Submit Bill Next Year
The Ministry of Health, Labor and Welfare (MHLW) on December 27 published a final paper on an emergency approval system based on “presumed efficacy.” The ministry will now move on to submit a related bill to the Diet next year.…
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