Air Freight News
India braces for hit to $64 billion US exports amid rising tensions with Washington
India expects to lose a competitive advantage in about $64 billion worth of goods exported to the U.S. due to President Donald Trump's 25% tariff…
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Glencore says long-term strategy may involve sale of Bunge stake
Miner and trader Glencore said on Wednesday that its long-term strategy could involve the sale of its 16.4% stake in enlarged global agribusiness Bunge Global…
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Why did copper escape US tariffs when aluminium did not?
A U.S. decision last week to exempt refined copper metal from import duties is in contrast to an earlier move to levy steep duties on…
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US trade deficit hits nearly 2-year low in June; China gap plunges
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest…
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Swiss president heads to US for talks to defuse tariff threat
Swiss President Karin Keller-Sutter and Business Minister Guy Parmelin flew to Washington on Tuesday, the government said, in a last-ditch effort to avoid the 39%…
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US to initially impose ‘small tariff’ on pharma imports, Trump says
President Donald Trump said on Tuesday that the United States would initially place a "small tariff" on pharmaceutical imports before hiking it to 150% within…
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U.S. international trade in goods and services, June 2025
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $60.2 billion in June, down $11.5…
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Trump says he will meet China’s Xi if a trade deal is struck
President Donald Trump said on Tuesday the U.S. was close to a trade deal with China and that he would meet his Chinese counterpart Xi…
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Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion ($4.24 billion) as imports grew faster than exports due to a one-time high-value oil equipment…
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India hits back at Trump’s threat over Russian oil purchases
India's ruling party and main opposition condemned on Tuesday a threat by U.S. President Donald Trump to raise tariffs on goods from India over its…