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
Japan Cabinet OKs Record Social Security Budget for FY2023
The Japanese Cabinet on December 23 approved a record budget plan of 114.38 trillion yen for FY2023 beginning in April next year, with social security spending also hitting an all-time high at nearly 37 trillion yen. At 114,381.2 billion yen,…
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