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…
COMMENTARY
Honebuto Policy Is Tailwind for Pharma, but Situation Remains Unpredictable
Japan’s Cabinet has approved its Basic Policy on Economic and Fiscal Management and Reform (honebuto), which will serve as the basis of the government’s FY2024 budget. Since drug spending will comprise part of this budget, what was written in the…
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