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…
BUSINESS
Otsuka Closes US$700 Million Transcend Buyout
Otsuka Pharmaceutical said on June 15 that its subsidiary Otsuka America has completed the acquisition of US biotech Transcend Therapeutics. Under the deal, announced in March, Otsuka paid a total of US$700 million to Transcend shareholders for all outstanding shares…
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