Air Freight News
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Trump’s tax-cut bill could hold back US critical minerals projects
President Donald Trump's tax and spending bill would make it harder for American critical minerals companies to compete with China because it eliminates a tax…
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Trump says he may soon hike auto tariffs to get more US production
President Donald Trump on Thursday warned he may soon hike auto tariffs, arguing that could prod automakers to speed U.S. investments.
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US consumer prices rise moderately; tariffs expected to fan inflation
The report from the Labor Department on Wednesday also showed underlying price pressures muted last month. Economists say inflation has been slow to respond to…
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Oil prices ease as market assesses Middle East tension
Brent crude futures were down 73 cents, or 1.1%, to $69.04 a barrel at 0901 GMT, while U.S. West Texas Intermediate crude was 66 cents,…
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Boeing shares fall 8% after Air India plane crashes
Shares of planemaker Boeing fell 8% in premarket U.S. trading on Thursday after an Air India aircraft with 242 people crashed minutes after taking off…
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Breakdown of U.S. tariffs on China since Trump’s first term
Billions of dollars of Chinese goods have been impacted by additional U.S. tariffs since 2018, initially under the first Donald Trump presidency and later under…
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European shares slump as trade optimism fizzles, geopolitical tensions mount
European shares dropped on Thursday, in their fourth straight session of declines, as recent trade optimism stemming from potential deals with the U.S. faded, and…
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China affirms trade deal with US, says it always keeps its word
China on Thursday affirmed a trade deal announced by U.S. President Donald Trump, saying both sides needed to abide by the consensus and adding China…
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Trump says willing to extend trade talks deadline, but says that won’t be necessary
U.S. President Donald Trump said on Wednesday he would be willing to extend a July 8 deadline for completing trade talks with countries before higher…
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Peru turns to China as US tariffs squeeze blueberry exports
In Peru's Pisco Desert, rows of blueberry bushes towering as much as two meters high stretch towards the horizon, finally giving way to sand dunes.