Air Freight News
South Korea’s export decline eases further, adding to optimism
The slump in South Korean exports eased further in September in a positive sign for an economy that depends heavily on trade.
Global supply chains key for China and Germany, He Lifeng says
China and Germany are committed to maintaining global economic interconnectivity, Chinese Vice Premier He Lifeng said after a meeting in Frankfurt.
EU trade boss warns post-Brexit EV tariff to only benefit China
The European Union’s trade commissioner said an influx of electric vehicles from China is weighing on a decision on whether to delay tariffs on EVs…
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Vietnam’s economy picks up speed as exports rise again
Vietnam’s economy accelerated for a second straight quarter on the back of stronger performances by its key growth drivers — manufacturing and exports.
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US sets aside $500 million in grants for smaller chip suppliers
The Commerce Department has set aside $500 million in government grants for smaller companies in the semiconductor supply chain, as the US seeks to beef…
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US lawmakers ramp up trade heat on China over auto-parts tariffs
Republican lawmakers accused a Chinese auto-parts maker of a “blatant” effort to evade US tariffs in the latest sign of rising pressure in Washington to…
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Ambassador Katherine Tai’s meeting with Mexico’s Secretary of Economy Raquel Buenrostro
United States Trade Representative Katherine Tai yesterday met with Mexico’s Secretary of Economy Raquel Buenrostro ahead of the third meeting of the...
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Russia-China trade dynamics in a post-war era: navigating challenges and opportunities
As Russia grapples with the Western sanctions one year after the invasion in Ukraine, China supports by bolstering bilateral trade between the two nations...
India to cut floor price for basmati exports to stay competitive
India, the world’s biggest rice exporter, is considering to cut the floor price for basmati shipments to make the premium variety attractive in the world…
TRACIT applauds introduction of SHOP SAFE Act of 2023  
Bipartisan bill will significantly decrease online sales of counterfeits by increasing accountability of online marketplaces to vet third party sellers, remove unsafe counterfeit products, ban…