Air Freight News
UK, Mexico extend zero tariffs until free trade talks conclude
The UK and Mexico agreed to extend a commitment to reduced or zero tariffs until they conclude talks for a free trade agreement, providing certainty…
Exporters to China to feel sting of deflation, HSBC analyst says
As China slips back into deflation, exporters to the world’s No. 2 economy will be hit by a double whammy of falling demand and eroding…
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Polestar bets on US, Korea to avoid made-in-China EV tariffs
Polestar Automotive Holding’s new business plan banks on higher margins and lower costs from two new electric vehicles that won’t face punitive US import fees…
Biden, Xi draw business to Asia-Pacific summit and other things to watch
US officials are aiming for the Asia-Pacific Economic Cooperation summit to be a signature moment in President Joe Biden’s efforts to strengthen economic ties in…
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Descartes Releases November Global Shipping Report
October U.S. Container Import Volumes Accelerate, Diverging from Pre-Pandemic 2019 Trend
Unions Call for Crackdown on Autonomous Vehicles
The Transport Workers Union of America (TWU) and 26 other unions are calling on the federal government to crack down on dangerous RoboTaxis and the…
Revoking China’s PNTR status would have harmful and sustained consequences report says
USCBC released new research it commissioned from Oxford Economics that shows how revoking Permanent Normal Trade Relations status for China would significantly harm the US…
China lays out grievances with US before Yellen-He meeting
China laid out its grievances with the US just before meetings between economic czar He Lifeng and Treasury Secretary Janet Yellen, illustrating the fragility of…
Nvidia to release three new AI chips for China, report says
Nvidia Corp. will release three new artificial intelligence chips for China, according to a report from state-affiliated news outlet Chinastarmarket, after the US further restricted…
Russian strike on merchant ship threatens Ukraine’s exports
A Russian missile strike on a commercial ship at a major Ukrainian Black Sea port is adding to risks for commodity exports just as farmers…