Air Freight News
Chinese carmakers push back against tariffs in new EU hearings
The three Chinese automakers singled out by the European Union in its anti-subsidy probe have sought and received additional hearings with regulators from the bloc…
Musk says plans for Mexico production will depend on US election
Elon Musk said Tesla Inc. won’t invest further in its planned Mexico factory until after the US election, citing too much political risk from Republican…
EU eyes sanctions tweaks to reassure US on Russian assets plan
The European Union has presented member states with two options to freeze Russian Central Bank assets for a longer period of time as it seeks…
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American steel CEOs urge US to go further in Mexico trade moves
The US government should impose further trade restrictions against Mexico to prevent the dumping of steel products into American markets, say the top executives of…
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China’s textile exports recover after the pandemic slump
The global markets, which had faced a slowdown during the pandemic, are recovering and opening up to increased imports of textiles and garments, even though…
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WTO members push to expedite an Okonjo-Iweala second term bid
A sizable portion of World Trade Organization members supported a move from a group of African countries pushing for Director-General Ngozi Okonjo-Iweala to expedite a…
India cuts gold import tax in boost to local jewelry makers
India cut its import tax on gold to support jewelry manufacturing in the world’s second-biggest consumer of the precious metal.
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US says billionaire Gertler’s royalties must go to Congo for sanctions deal
A top US official said Dan Gertler’s royalties in the Democratic Republic of Congo must go to the country’s government as part of any deal…
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Taiwan’s June export orders rise 3.1%, missing estimate
Taiwan’s export orders rose just 3.1% in June from a year earlier, less than half the growth seen in May and short of the 12.3%…
China drops sanctions on US communications firm in rare reversal
China said it was removing sanctions on a US communications company, a rare reversal after it targeted the company over proposed arms sales to Taiwan.