Air Freight News
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US deficit grows to $291 billion in July despite tariff revenue surge
The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President…
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Apparel and Footwear industry responds to the suspension of the heightened tariffs on China
The American Apparel & Footwear Association responds following President Trump's executive order "Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions with The People's Republic…
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European Union awaits US follow-up on trade deal promises
The European Union could not say when a joint statement on tariffs with the United States would be ready, nor when the White House would…
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Trump’s unusual Nvidia deal raises new corporate and national security risks, lawmakers and experts say
President Donald Trump upended decades of U.S. national security policy, creating an entirely new category of corporate risk, when he made a deal with Nvidia…
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US, China extend tariff truce by 90 days, staving off surge in duties
The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as U.S. retailers…
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In India, Trump’s tariffs spark calls to boycott American goods
From McDonald's and Coca-Cola to Amazon and Apple, U.S.-based multinationals are facing calls for a boycott in India as business executives and Prime Minister Narendra…
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Mexico sets minimum export prices for fresh tomatoes
Mexico has set minimum export prices for fresh tomatoes to protect its domestic production and ensure internal supply after a bilateral agreement with the U.S.…
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Trump urges China to quadruple soybean orders
President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though…
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Indonesia, Peru sign free trade deal
Indonesia and Peru signed a free trade agreement on Monday to strengthen bilateral trade and investment relations, the leaders of both countries said at a…
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Taiwan is continuing tariff negotiations with US, cabinet official says
Taiwan's cabinet is still negotiating for more favourable tariff rates after U.S. President Donald Trump imposed a 20% levy on the island, Vice Premier Cheng…