Air Freight News
Sunak taps Scholz to help delay looming EU tariff on EVs
Rishi Sunak is looking to enroll Germany’s Olaf Scholz to help delay upcoming tariffs on electric vehicles shipped between the UK and the European Union,…
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Xi’s metal curbs risk backfiring as G-7 seeks China alternative
China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the US, Japan and Europe…
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As Ukraine grain deadline approaches, pact is already broken
Global leaders are racing to salvage an international deal to allow Ukraine’s grain shipments by sea before it expires in less than two weeks.
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Canada posts largest trade deficit since 2020 on falling prices
Canada’s merchandise trade balance unexpectedly recorded its largest deficit since October 2020, in large part due to lower energy prices.
France’s top carmaker envies Tesla as the country woos EV rivals
Stellantis CEO Carlos Tavares is clashing with government officials courting automotive ‘newcomers.’
Australia’s trade surplus swells as gold and energy exports rise
Australia’s monthly trade surplus widened in May as exports of gold, natural gas and coal advanced, boosting company tax revenue and strengthening the nation’s fiscal…
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Seafood to beauty exports at risk over Japan’s Fukushima waste
Opposition to Japan’s plan to discharge treated wastewater from the Fukushima nuclear site into the Pacific Ocean is posing risks to key exports, including seafood…
US subsidies drive world jump in green, tech investment, UN says
US President Joe Biden’s subsidy programs for green energy and technology products are leading a global increase in cross-border investments for those goods, according to…
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Little-known Russia wheat exporter takes top spot in a year
A company created in the wake of Russia’s invasion of Ukraine has become its top wheat trader in the space of a year.
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Declining trade flow from Turkey to Russia in the recent times
In recent years, geopolitical tensions and trade disputes have significantly influenced global commerce. One such example is the trade relationship between Turkey and Russia.