Air Freight News
China steps up warning to EU just days before tariff decision
China accused the European Union of working to “suppress” Chinese companies and said Beijing will take action to safeguard its interests, as the bloc moves…
EU should balance open trade and economic security, Spain says
The European Union should balance its bets for open trade while pushing for its economic security agenda, Spanish Economy minister Carlos Cuerpo said on Friday…
South Korea’s chip exports lead trade gains fueling economy
South Korea’s export growth continued last month, led by demand for semiconductors, boosting the country’s trade balance to the biggest surplus since 2020 and supporting…
USTR to terminate certain existing Section 301 Exclusions; extends others for an additional year
The U.S. Trade Representative (“USTR”) announced that 249 products that were eligible for exclusions from 2018 will no longer be eligible for these exclusions, effective…
US risks a ‘forever’ trade war with China, economist Roach says
Economist Stephen Roach criticized US trade policies against China as a “blunder” that risks creating an endless economic conflict between the two nations.
EU tariffs on EVs would cost China almost $4 billion in trade
European Union tariffs on Chinese electric vehicles would likely cost Beijing nearly $4 billion in trade with the bloc, according to a new analysis.
Indonesia to delay ban on copper concentrate exports to year-end
Indonesia will waive a ban on the export of copper concentrates until the end of the year, taking away another potentially bullish driver for the…
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Rare Russian oil cargo unloads in Ghana after three-month wait
An oil tanker holding Russian crude oil off the coast of Ghana is finally unloading its cargo after a three-month wait.
China ends tariffs breaks on some Taiwan imports, pressuring Lai
China said it is ending some tariff breaks agreed to under a trade deal with Taiwan, blaming the new leader of the democratically run island…
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US is slowing AI chip exports to Middle East by Nvidia, AMD
US officials have slowed the issuing of licenses to chipmakers such as Nvidia Corp. and Advanced Micro Devices Inc. for large-scale AI accelerator shipments to…