Global Regulatory Upheaval: US-China-Japan Tensions and US Supreme Court Rulings
규제/정책 | Tue Jun 30 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 7 sources
Major regulatory issues including China's expanded export controls on Japan, the US Supreme Court ruling on Fed independence, and controversy over the NextEra-Dominion merger.
Analysis
[China Ministry of Commerce] added 40 Japan defense-related entities to export control list [1]
- Listed 20 entities including the National Institute for Defense Studies on the export control list
- Included subsidiaries of Mitsubishi Electric and Mitsubishi Heavy Industries
- Added 20 firms such as Terra Drone
- Mitsui E&S
- and OKI Electric to the watchlist
- Banned transfer of dual-use items including rare earths
[US Supreme Court] blocked Trump's attempt to remove Fed Governor Lisa Cook [2][3][4]
- Denied President Trump's authority to dismiss Cook
- Protected Federal Reserve independence
- In a separate ruling
- recognized presidential authority to remove heads of other regulatory agencies
- Bloomberg columnist called it a 'self-contradictory ruling'
[Senator Angus King] urged rejection of the $67 billion NextEra-Dominion merger [6]
- Sent a letter requesting rejection to FERC
- Concerns over excessive concentration of power in a single company
- Opposition to consolidation in the power industry
[Donald Trump] purchased Axon shares two weeks before ICE's $220 million Taser contract [7]
- Bought up to $5 million in Axon shares on February 10
- ICE issued a procurement notice for 17
- 800 Tasers on February 24
- Bid specifications tailored to Taser 10
- White House stated 'no conflict of interest'
[US Court] sentenced exiled Chinese businessman Miles Guo to 30 years for $550 million fraud [5]
- Sought asylum in the US claiming persecution
- Aligned with the MAGA movement
- Convicted of $550 million fraud
Sources
- [1] China widens Japan export curbs, targeting drone makers, nuclear firms and defense institutes - CNBC Markets
- [2] The Supreme Court Contradicted Itself - Bloomberg Markets
- [3] Supreme Court blocks Trump from sacking Fed governor Cook - Financial Times
- [4] Supreme Court protects the Federal Reserve, but what about everybody else? - Financial Times
- [5] Chinese exile Miles Guo given 30 years in prison for $550mn fraud - Financial Times
- [6] Regulator should reject NextEra-Dominion power megadeal, senator says - Seeking Alpha Market News
- [7] Trump bought as much as $5 million in Axon stock before ICE sought $220 million Taser deal - CNBC World Markets