CBP issues Withhold Release Order on Shanghai Select Safety Products and its subsidiaries | U.S. Customs and Border Protection

Markets brace for oil to hit $100 as Saudi slashes production (msn.com)

Oil impacts transportation, and manufacturing . Increased costs of oil will flow through the entire supply chain of every product at multiple points  thereby increasing cost of goods  Economists anticipate increase in inflation as well. 

MSC Aries - IMO 9857169 carries a Portuguese flag and has 25 crew members.  She was apparently traversing from Abu Dhabi to Nava Sheva when Iranian Guard IRNA  forces carried out the attack from a helicopter onto the vessel in the Straits of Hormuz. The vessel is apparently being navigated to Iranian controlled waters. 
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Check with your carriers if you have cargo on this vessel.  Anticipate potential changes in shipping routes and increase in freight costs.

WTO Blog | Trade growth likely to pick up in 2024 in spite of challenging environment

The current Moratorium on Digital Trade expires in 2026.  

U.S-EU Joint Statement of the Trade and Technology Council | The White House

New DHS Textile Enforcement Actions Crack Down on Illicit Trade to Support 500,000 American Textile Jobs | Homeland Security

The US Postal Service wants to hike stamp prices again in July. Here’s how much you’ll pay (msn.com)

New price $.73/stamp  Stamp prices are up 36% since 2019

Apple Targets New Miami Office Space Following Amazon, Microsoft (msn.com)

CSMS # 60069598 - Guidance for Unanticipated Cargo Diversion (govdelivery.com)

Contact your broker for your entry status. Monitor any cancellations and obtain proof of cancellation. 

Investment in China (csis.org)

Significant economic difficulty.  Political factors.  Foreign investment down 80%. Tightened controls . Exports not working