76 briefings

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73

CPTPP ministers issued a coordination statement as Strait of Hormuz disruption continued to strain energy and trade flows

On 26 June 2026, CPTPP ministers issued a joint statement committing to maintain open and stable trade flows for essential energy products and other affected goods as disruption linked to the Strait of Hormuz remained operationally significant.

74

CPTPP ministers issued a joint statement on Hormuz-related energy and supply-chain disruption

On 26 June 2026, CPTPP ministers issued a joint statement saying the closure of the Strait of Hormuz had disrupted global energy supply chains and stressing the need to keep trade in essential energy products and other affected commodities open and stable.

75

UK confirmed 1 July steel import quotas with lower tariff-free volumes and a 50% out-of-quota tariff

The UK confirmed operational details on 25 June for a steel import regime starting on 1 July 2026, implementing its March decision with tariff-free quotas 51% below the outgoing safeguard measure and a 50% tariff on covered imports above quota.

76

U.S. widened its Cambodia-linked scam-network crackdown with new Prince Group sanctions and proposed H-Pay banking curbs

On June 23, 2026, the U.S. Treasury sanctioned 35 additional Prince Group-linked targets and said FinCEN had proposed extending Huione-related correspondent banking restrictions to H-Pay Service PLC and any successor entity, expanding an existing Cambodia-focused enforcement campaign.