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 OKs Honebuto Paper, Modest Wording on Off-Year Revisions Finalized
Japan’s Cabinet hammered out the 2024 Basic Policy on Economic and Fiscal Management and Reform (honebuto) on June 21. The final paper did not go as far as to fully reflect the pharmaceutical industry’s request to revisit “off-year” drug price…
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