Air Freight News
US recovery sends Mexican exports soaring to record levels
Mexico’s exports surged to a record of nearly half a trillion dollars last year as the U.S. recovery boosted demand for cars, chemicals and machinery…
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Gross domestic product, fourth quarter and year 2021 (advance estimate)
Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 (table 1), according to the "advance"…
US durable goods orders post first decline in three months
Orders placed with U.S. factories for durable goods fell in December for the first time in three months, pointing to a pause in capital investment…
India to curb smart meter imports to boost domestic industry
India plans to discourage imports of smart meters as the country pushes for domestic manufacturing of the equipment and cut shipments from China.
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Swiss watch exports hit record as US becomes top market
Swiss watch exports had a record year amid booming demand in the U.S., which overtook China to become the industry’s top market for the first…
EU launches WTO case against China over Lithuania blockade
The European Union took China to the World Trade Organization on Thursday over its coercive practices against Lithuania and some exporters from other member states.
UK, Gulf may sign post-Brexit trade deal this year, Bahrain says
A trade deal between the U.K. and a six country bloc of Gulf oil producers including Saudi Arabia and the United Arab Emirates could be…
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China misses trade deal targets, raising pressure on Biden
The landmark trade deal signed in 2020 between the world’s two largest economies failed to reduce the bilateral trade deficit, adding pressure on the Biden…
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‘Product of USA’ on foreign meat becomes Biden antitrust weapon
Hamburger or a steak marked “Product of the USA” may contain beef from cattle raised as far away as Australia, a loose labeling practice that…
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WTO grants China a $645 million tariff weapon against US
The World Trade Organization granted Beijing a new tariff weapon against the U.S. during a politically sensitive moment for the Biden administration -- almost a…