Air Freight News
UAE and US agree on path for Abu Dhabi to buy most advanced AI chips, Trump says
President Donald Trump said on Friday the United Arab Emirates and the United States had agreed to create a path for the Gulf country to…
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Nvidia seeks Shanghai R&D site after US chip curbs, say sources
Nvidia is seeking a site in Shanghai for a research and development centre, three sources close to the matter said, reflecting the strategic significance of…
South Korea minister says deadline tight to reach deal on US tariffs
South Korea's Minister of Trade and Industry Ahn Duk-geun said on Friday that Seoul would try to reach a deal with Washington on tariffs by…
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U.S. lawmakers introduce bill to address AI chip smuggling
A bipartisan group of eight U.S. lawmakers introduced a bill on Thursday that would require makers of artificial intelligence chips such as Nvidia to include…
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Japan to seek third round of US trade talks next week, sources say
Japan's top trade negotiator, Ryosei Akazawa, could travel to Washington as soon as next week for a third round of trade talks with the U.S.,…
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US shifting Africa strategy to ‘trade, not aid’, envoy says
U.S. envoys in Africa will be rated on commercial deals struck, not aid spent, a senior State Department official said, touting it as the new…
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Shein to set up huge Vietnam warehouse in US tariff hedge, sources say
Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told Reuters, its first in the country, in…
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Argentina’s soy farmers race ahead with harvest to beat the rains
On Cristian Giacobone's farm in the heart of Argentina's Pampas plains, workers in the soy fields have been up since dawn, racing to harvest the…
India’s April trade deficit widens to over $26 billion
India's merchandise trade deficit in April stood at $26.42 billion, according to a Reuters calculation based on export and import data released by the government…
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Policy shifts and tariffs clouding cross-border commerce forecasts
Redwood Logistics and Redwood Mexico released the Q2 2025 Cross Border Index, shedding light on the evolving dynamics of cross-border trade as new regulations and…