Tariffs are a policy shortcut. Building better infrastructure is the hard work. Only one of them actually builds lasting capacity.

The DOJ's probe will reportedly center around allegations that the four companies colluded to agree on shared pricing benchmarks for purchasing deals made with cattle ranchers.

If your CSCO or CFO is asking questions about supply chain resilience right now, bring them a structured assessment of where you stand, not a reassurance.

The administration launched the CAPE digital claims system, which they said in court filings could handle about 63% of affected import filings, with the remainder to follow.

The U.S. is apparently continuing its naval blockade on ships accessing Iran.

The Supreme Court ruling doesn’t eliminate the broader use of tariffs as a policy tool. Tariff volatility will continue, just under different legal and regulatory auspices.

Tehran again shut the waterway following a refusal by the U.S. to lift its own naval blockade of Iran’s vessels.

“Would you be the first penguin off the ice floe to test the water?” one shipowner asked.

The associations urged the Trump administration to maintain a tripartite, cross-border, tariff-free deal.

Hormuz is “open and ready for business,” Trump said on Truth Social on April 17.