Air Freight News
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South Korea April 1-20 exports fall as US shipments drop amid tariffs
South Korea's exports for the first 20 days of April fell 5.2% from a year earlier, dragged down by U.S.-bound shipments, customs data showed on…
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Cognac producers feel the heat from ‘double whammy’ China-U.S. tariffs
Leading French cognac maker Rémy Martin, part of the Cointreau group has put two-thirds of its 390-strong workforce on part-time working as a direct result…
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California Governor sues to nullify Trump tariffs
California Governor Gavin Newsom and California Attorney General Rob Bonta filed a lawsuit in federal court “challenging President Trump’s use of emergency powers to enact…
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Italian fashion house Valentino suffers 22% profit drop in 2024
Italian fashion house Valentino's operating profit dropped 22% last year, the company said on Friday, as the luxury sector faced a slowdown in global demand…
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In US Chinatowns, merchants ‘don’t want the trade war to be a war’
Last week, a pack of rice crackers at Sun Vin Grocery store on Mulberry Street in New York City’s Chinatown cost $4.99. But this week,…
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US stock futures bounce back after selloff with Japan trade talks in focus
The S&P 500 and the Nasdaq opened higher on Thursday, with focus on U.S.-Japan tariff talks, while a slump in UnitedHealth's shares dragged the Dow…
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Trump: We will have a trade deal with China
President Donald Trump on Thursday said he expects to make a trade deal with China, though he offered no specifics or indications of how talks…
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US, Ukraine sign memorandum as first step to minerals deal, senior Ukrainian official says
Ukraine said on Thursday Kyiv and Washington had signed a memorandum as an initial step towards clinching an agreement on developing mineral resources in Ukraine,…
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Tariff Uncertainty: Small Importers Brace for Impact and Seek Alternatives
The recent wave of tariff announcements has sent shockwaves through America’s small import businesses, creating unprecedented uncertainty in an already volatile global trade environment. These…
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California sues Trump administration to block tariffs
California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump's sweeping tariffs on foreign trading partners, accusing him of