Air Freight News
Indonesia seeks to guard textile industry from Chinese goods
Indonesia is preparing to impose tariffs and use other means to protect its textile industry from imports from China, the latest in a series of…
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Volvo EV deliveries to the US delayed by higher tariffs on China
Volvo Cars will postpone US shipments of its best-selling electric car model as it shifts production from China in the wake of tariff hikes.
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Chinese golf carts surging into US prompt pleas for 100% tariff
The two largest golf cart producers in the US are asking for relief from an existential hazard: a flood of Chinese imports.
South Korea’s export growth accelerates on record chip sales
South Korea’s export growth accelerated last month, reflecting resilience in global demand as the artificial intelligence and technology sectors drive record gains in semiconductor sales.
Black Sea mine operation begins in bid to help Ukraine exports
Turkey, Romania and Bulgaria started a joint mine-hunting force in the Black Sea on Monday to increase shipping safety, particularly for Ukrainian grain exports.
Vietnam economic growth beats expectations on trade, FDI
Vietnam’s economy accelerated more than forecast in the second quarter, buoyed by a recovery in trade and increased business activity aided by foreign investment.
Ringgit rebound set to ride on recovering exports, Fed rate cuts
The Malaysian ringgit is set to extend gains into the remainder of the year as exports recover and the Federal Reserve eventually pivots to interest…
CPA calls for immediate ban on imports of Russian and Iranian origin steel products
The Coalition for a Prosperous America (CPA) sent a letter to the Treasury Department on Thursday asking Secretary Janet Yellen to take immediate action to…
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IMF blasts US for risky deficits, debt, trade and bank rules
The International Monetary Fund said Thursday that the US is running deficits that are too big and is weighed down by too much debt, and…
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Top fertilizer maker says ‘black swan’ jolts are finally easing
The world’s biggest maker of crop nutrients said fertilizer demand is just now starting to stabilize from seismic shocks of the past few years that…