Air Freight News
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US goods trade deficit narrows in February
The U.S. trade deficit in goods narrowed in February amid a rise in exports, which could temper economists' expectations for a sharp slowdown in economic…
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Trump drives trade war fears as auto tariffs pound allies
Governments from Ottawa to Paris threatened retaliation on Thursday after U.S. President Donald Trump unveiled a 25% tariff on imported vehicles, expanding a global trade…
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Trump’s 25% car tariff ignites international criticism
U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he…
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Coming to a store near you: double-digit coffee price hikes
If your favorite coffee beans have vanished from the shelves, don't worry - they will return soon. The bad news is they will be up…
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US auto tariffs shake global industry as price hikes, job losses loom
The United States' announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global vehicle suppliers warned of immediate price…
AAFA reacts to U.S. Department of Labor’s action to cancel all ILAB contracts
Today, the American Apparel & Footwear Association expressed alarm at actions taken by the U.S. Department of Labor to cancel all contracts for the Department’s…
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Global Eggs agrees to buy Hillandale Farms for $1.1 billion
Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for $1.1 billion, Faria told Reuters…
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Washington told EU to brace for more tariffs before any talks, envoys say
Washington has told the European Union it should not expect any trade negotiations before the United States has imposed more tariffs on the bloc next…
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Brazil sees trade tensions getting worse before they get better
Brazil's Secretary of Foreign Trade warned on Thursday that the global trade tensions being ratcheted up by Donald Trump's U.S. tariffs were likely to get…
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BMW calls for transatlantic deal to prevent spiral of tariffs
German carmaker BMW on Thursday urged the European Union and United States to strike a deal to prevent a spiralling trade conflict, in a statement…