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 FY2025 Budget Ceiling, 410 Billion Yen for Social Security Cost Rise
Japan’s Cabinet on July 29 adopted budget request guidelines for FY2025, beginning next April. The government will allow a request of up to 410 billion yen as an increase in social security spending over the prior year that is driven…
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