Air Freight News
Click to Read More
Taiwan raises 2025 GDP growth forecast to 4.45% on strong tech exports
Taiwan's economy is expected to grow faster in 2025 than previously forecast, the statistics agency said on Friday, as the island continues to reap the…
Click to Read More
US proposes nearly $1 billion in funds for critical minerals, materials
The Trump administration is proposing nearly $1 billion in funding to speed the development of U.S. critical minerals and materials, used in everything from electric…
Click to Read More
South Korea trade deal pledges $150 billion to boost U.S. shipbuilding capacity
South Korea has secured a favorable trade agreement with the U.S. by pledging $350 billion in American industrial investment - including $150 billion to expand…
Click to Read More
US pharma tariffs likely weeks away as Trump plans for Alaska, sources say
The announcement by President Donald Trump's administration of the results of a probe into pharmaceutical imports and new sector-specific U.S. tariffs likely remains weeks away,…
White House’s Navarro says pharma tariffs likely under Section 232 probe
White House trade adviser Peter Navarro said on Thursday that the Trump administration is likely to levy tariffs on pharmaceutical imports under a "Section 232"…
Click to Read More
The Freight Buyers’ Club: De Minimis ban, tariffs & peak season: The air cargo outlook
From May 2025, low-value shipments from China and Hong Kong lost their U.S. duty-free status. On 29 August, that de minimis exemption will be suspended…
Click to Read More
India trade deficit hits eight-month high in July ahead of US tariff hikes
India's merchandise trade deficit hit an eight-month high of over $27 billion in July as imports surged faster than exports ahead of U.S. President Donald…
Trump signs order to ensure ‘resilient’ supply chain for essential medicines in US
President Donald Trump signed an executive order aimed at ensuring a "resilient" supply chain for essential medicines in the U.S. by filling the Strategic Active…
Click to Read More
Footwear retailers’ Priest says Trump tariffs cast gloom on sales
Trump-era tariffs are reshaping the footwear industry, says FDRA’s Matt Priest, with higher prices, sourcing struggles, and nervous retailers bracing for the year’s second half.
Click to Read More
US embeds trackers in AI chip shipments to catch diversions to China, sources say
U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of illegal diversion to…