Air Freight News
China discusses supply chains with US allies Japan, South Korea
China, Japan and South Korea sought to revitalize cooperation on security and economic matters at their first formal three-way summit since 2019, with Premier Li…
China industrial profits rise on exports, equipment upgrades
Profits at China’s industrial companies rose in April, as a government push for equipment upgrade lifted demand and exports returned to growth, giving a boost…
UK Chancellor warns allies against a slide to protectionism
UK Chancellor of the Exchequer Jeremy Hunt warned Western allies not to “creep back into protectionism” as the US and European Union prepare new trade…
Ghana’s trade surplus remains pressured by low cocoa output
Ghana’s trade surplus narrowed in the first four months after revenue from cocoa exports declined.
UK urges Canada to ratify its entry into Pacific trade pact
A British trade official called on Prime Minister Justin Trudeau’s government to ratify the UK’s entry into a Pacific trade deal by the end of…
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How the Section 232 tariffs on steel and aluminum harmed the economy
The Section 232 tariffs on imports of steel and aluminum raised the cost of production for manufacturers, reducing employment in those industries, raising prices for…
VW says cost cuts not tariffs will protect Europe from Chinese EVs
Volkswagen AG said higher import tariffs for Chinese-made EVs in the European Union will offer only a short respite, with lower costs necessary to stay…
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Vulcan says it’s unaware of $2 billion Mexican offer for assets
Vulcan Materials Co. rejected a Mexican government offer to purchase its Caribbean coast assets for $2 billion, according to the nation’s president, but the US…
Fourth meeting of the U.S.-Vietnam Timber Working Group
The United States and Vietnam today concluded the fourth meeting of the Timber Working Group under the Agreement Between the Government of the Socialist Republic…
Italy backs new Africa link in bid to boost green energy imports
Giorgia Meloni’s government has signaled support for an ambitious new plan aimed at boosting imports to Europe of cheap green energy produced in North Africa.