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  • President Donald Trump has proposed to impose a 20% fee on cargo passing through the Strait of Hormuz.
  • That could provide a “further disincentive” to ships transiting the Strait, executives warned.
  • Here’s how commercial shipping firms are reacting to the news.
 

 
  • Grocery unit sales fell 1.8% in June vs. last year as shoppers cut back, outweighing food inflation, new Bain data shows.
  • Groceries cost about 33% more than in 2019, driving consumers to buy less, switch to cheaper brands and hunt for deals.
  • PepsiCo, Walmart and Kroger are leaning into promotions, price cuts and value as the industry shifts from dollar growth to volume growth.
 
Fearnleys Weekly


 
 
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