Japan finalizes 370 trillion yen public-private investment strategy for 2040
The Japanese government has formalized a long-term growth strategy targeting over 370 trillion yen in combined public and private investment across 17 strategic sectors by 2040. While the plan sets a clear fiscal ambition, the specific mechanisms for private sector participation and the impact on near-term budgetary constraints remain uncertain.
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US Escalates Global Tariff Regime, China Expands AI Influence, Tech Export Controls
The US administration is preparing to reimpose a 10% global tariff and is reportedly drafting a universal tariff framework for approximately 60 nations, signaling a significant escalation in protectionist trade policy. Concurrently, China is expanding its influence in global AI governance through initiatives like WAICO, while evaluating stricter export controls on AI models and semiconductor technology. This dual-track escalation indicates a deepening of the US-China trade and technology rivalry, with potential fragmentation of global trade and tech standards.