latest news in Supply chains

Magnitude 7.8 Earthquake in the Philippines Threatens Major Asian Trade Routes

Davao, Monday, 8 June 2026.
A magnitude 7.8 earthquake struck the Philippines today, triggering widespread tsunami warnings and raising critical concerns over immediate disruptions to vital Asian shipping routes and regional manufacturing hubs.

US Targets 60 Economies with New Import Penalties Over Worker Exploitation

Washington, Wednesday, 3 June 2026.
Following a recent Supreme Court defeat, Washington is proposing new 10% to 12.5% import taxes on 60 nations, leveraging human rights concerns to rebuild global trade barriers.