Air Freight News
South Korea’s export growth slows in sign of bumpy momentum
South Korea’s export growth slowed in July, suggesting global demand may be cooling a touch after a boom in the artificial intelligence and technology sectors…
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US senators move to deny China solar firms lucrative tax credits
Companies with ties to China and other foreign adversaries would be barred from getting a tax credit meant to bolster domestic energy manufacturing under legislation…
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ASML, Tokyo Electron shielded from US chip export rules, for now
The US is preparing to exclude semiconductor-equipment makers in the Netherlands and Japan from its latest round of restrictions targeting China, people familiar with the…
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Limit biofuel tax credit to US producers, lawmakers tell Yellen
A surge of Chinese used cooking oil flowing into the US to make biofuels is prompting a call for Treasury Secretary Janet Yellen to ensure…
Fifth round of meetings under the U.S.-Japan partnership on trade
The United States and Japan held the fifth round of meetings under the United States-Japan Partnership on Trade on July 29-30, 2024.
Hong Kong economy growth beats expectations on brisk exports
Hong Kong’s economy grew faster than expected in the second quarter, pointing to some stability in key sectors despite challenges in real estate and retail.
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Uber partners with BYD to put its drivers into 100,000 EVs
Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American…
China expands military drone export curbs after Ukrainian visit
China has adjusted its export controls on drones intended for military use, as Beijing faces growing criticism from the US and it allies over bolstering…
Philippines trade chief quits to return to private sector
Philippine Trade Secretary Alfredo Pascual has resigned and will return to the private sector, President Ferdinand Marcos Jr.’s communications office said in a statement Wednesday.
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USTR announces fiscal year 2025 WTO tariff-rate quota allocations for raw cane sugar, refined and specialty sugar
The Office of the U.S. Trade Representative (USTR) has announced the country-specific and first-come, first-served in-quota allocations of the tariff-rate quotas (TRQs) on imported raw…