Air Freight News
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US Treasury’s Bessent outlines plans to reshape global trade, ease bank regulations
U.S. Treasury Secretary Scott Bessent on Thursday laid out the Trump administration's ambitions to reshape international trade relations with tariffs, roll back financial regulations on…
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Global coffee trade grinding to a halt, hit hard by brutal price hikes
Global coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that…
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China’s imports tumble as demand skids, trade war heats up
China's imports unexpectedly shrank over the January-February period, while exports lost momentum, as escalating tariff pressures from the United States cast a shadow
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California exports surge; Outlook for trade downright clouded
Beacon Economics is not at all sanguine about the near-term prospects for growth in U.S. exports, although we do believe that California industry is better…
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‘Psychodrama’ tariff negotiations frustrate Mexico and Canada
Mexican and Canadian officials are increasingly frustrated by tariff negotiations with the Trump administration, with a lack of clarity over exactly what the U.S. wants…
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Trump delays tariffs for goods covered under Mexico, Canada trade deal
President Donald Trump on Thursday exempted goods from both Canada and Mexico under a North American trade pact for a month from the 25% tariffs…
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US trade deficit hits record high in January on imports surge
The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that trade could be a drag…
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Mexican companies hold back U.S.-bound exports, hoping for tariff reversal
The flow of Mexican goods exported to the United States has slowed as companies anxiously hold back stock and wait to see if U.S. President…
Tariff reprieve likely to be extended to all USMCA-compliant goods, Lutnick says
U.S. Commerce Secretary Howard Lutnick on Thursday said the one-month reprieve on hefty tariffs on goods imported from Mexico and Canada that has been granted…
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IMF says U.S. tariffs, if sustained, will hit economies of Mexico, Canada
If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on the those countries, the International Monetary Fund said on…