Japan’s currency fell as much as 0.5% to 163.24 per dollar overnight as the greenback strengthened alongside US Treasury yields after renewed tensions in the US-Iran conflict drove oil prices higher.

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Trump plans steep tariffs on generic drugs starting in 2028 to spur U.S. production

ZivFin Analysis2026.07.22

The phased schedule is intended to push generic drugmakers to move production onshore.