Trade & Tariffs: The Trump administration is proposing new forced-labor tariffs of up to 12.5% on imports from about 60 economies (including Canada, Mexico, Argentina, Guatemala and others), with the move framed as a Section 301 response after a Supreme Court hit to earlier emergency tariffs; partners pushed back, warning it will add confusion for supply chains. Maritime & Aviation Finance: Venezuela has ordered airlines and shipping firms to route fuel payments to a U.S. Treasury account tied to PDVSA, signaling tighter controls on JET A1 and ship fuel purchases. Logistics & Security: A U.S. case highlights the risks around cross-border movement: a Mexican national pleaded guilty in Texas to harboring 32 migrants in a stash house and tractor-trailer under lethal conditions. Regional Trade/Ports: Brazil’s May trade surplus hit $7.8B, with export growth driven by higher prices for oil, copper, beef and fuels. Tourism & Mobility: Mexico is rolling out a World Cup-focused push to manage travel demand, while Cuba is suspending Visa/Mastercard transactions from June 6 due to U.S. sanctions impacts. Energy Investment: Venezuela says it will host its largest-ever international energy investment summit in Caracas in late October to spur capital into its reopening oil sector.