Air Freight News
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US business inventories unchanged in May
U.S. business inventories were unchanged for a second straight month in May, suggesting that inventories could subtract from gross domestic product in the second quarter.
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Trump says Coca-Cola agreed to use real cane sugar in US
President Donald Trump said on Wednesday that Coca-Cola had agreed to use cane sugar in its beverages in the U.S. after his discussions with the…
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South Africa coalition strained after trade envoy fails to visit US
South Africa's main coalition partners are embroiled in a spat over how to respond to looming tariffs from a hostile Trump administration, after the smaller…
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Canada announces new tariff measures on imported steel to protect domestic industry
Canadian Prime Minister Mark Carney on Wednesday said that Canada will introduce a tariff rate quota for countries with which it has free trade agreements,…
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Mexico plans stronger trade collaboration with Canada after Trump tariff threats
Mexican President Claudia Sheinbaum said on Wednesday that she had spoken with Canadian Prime Minister Mark Carney and that the two had agreed to strengthen…
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US trade chief Greer says wants US trade deficit on downward path
U.S. Trade Representative Jamieson Greer said on Wednesday that his trade policy goal was to put the $1.2 trillion U.S. trade deficit on a downward…
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Indonesia clinches US trade deal, says Trump was a ‘tough negotiator’
Indonesia's president said U.S. counterpart Donald Trump was a "tough negotiator" after the two countries reached a trade deal that led to a reduction of…
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WTO overhaul targets fairer trade, easier decision-making to end paralysis
World Trade Organization members are seeking to break years of paralysis in international trade negotiations, which have been sidelined by the Trump administration and risk…
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EU trade chief heads to Washington in search of tariffs solution
EU trade chief Maros Sefcovic will head to Washington on Wednesday for tariff talks, an EU spokesperson told Reuters, adding that he will meet U.S.…
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EU targets Boeing, bourbon for potential tariffs on US goods
The European Commission is targeting 72 billion euros ($84.1 billion) worth of U.S. goods - from Boeing aircraft and bourbon whiskey to cars - for…