Economists say impacts from the prolonged Iran war could reduce global demand for Chinese exports going forward.

Under the IMF’s “severe” scenario, global growth would struggle to stay above 2%, and inflation would rise to 5.8% in 2026, and 6.1% in 2027.

No vessels made it through the blockade, which is made up of more than a dozen warships and 10,000 service personnel, according to CentCom.

Importers and authorized brokers should anticipate that valid IEEPA refunds will generally be issued within 60-90 days following acceptance of the CAPE Declaration, CBP said.

Between January and March 2026, POLA handled 2.4 million TEUs, down 5% from last year.

U.S. Centcom added more confusion by sending a note to seafarers saying the blockade would only be enforced in waters east of the strait of Hormuz.

If Trump orders the Navy to blockade the strait itself, he puts U.S. assets in danger of Iranian missiles.

Sulfuric acid prices have been rising since the start of the Iran conflict, as it’s a product of oil and gas refining in the Middle East.

The program addresses a growing challenge: the scale and sophistication of counterfeit goods entering global supply chains. 

European allies are pushing to limit any financial benefit to Russian President Vladimir Putin, and Asian nations are grappling with energy shortages from the war with Iran.