The EU’s “Fit for 55” carbon emissions program will raise costs for supply chains by increasing shipping expenses and through the new carbon border tariff. Supply chain inflation is already soaring with the largest proportion of firms discussing it since 2011. Also: Voxx tunes to Taiwan as an alternative to China; Presidential power affirmed as Turkey loses steel tariff appeal; Union Pacific, Canadian National fire closures may impact sea freight; South African protests trigger widening supply chain disruptions; and a fish deal swims on, still far from shore.