Air Freight News
U.K. starts prep for India trade deal in latest post-Brexit push
The U.K. began formal preparation for a free-trade agreement with India, a post-Brexit target for Prime Minister Boris Johnson as he seeks to prove the…
US Secretary of Commerce Raimondo hosts roundtable with President Moon Jae-In, Minister Moon Sung Wook, and US and South Korea business leaders
On Friday, May 21, U.S. Commerce Secretary Gina M. Raimondo hosted a roundtable with Republic of Korea President Moon Jae-In, Minister of Trade, Industry, and…
China bill timetable in Senate slowed by wrangling over details
Majority Leader Chuck Schumer’s plan for the Senate to pass a sweeping bill this week to help the U.S. compete with China is being swamped…
EU weighs sanctions over ‘hijacking’ of Ryanair jet by Belarus
European leaders will discuss possible sanctions after Belarus ordered a Ryanair Holdings Plc flight transiting its airspace to land and arrested a journalist on board…
US, South Korea announce vaccine, semiconductor partnership
U.S. Commerce Secretary Gina Raimondo and South Korean President Moon Jae-in announced an agreement to deepen cooperation in a range of industries including pharmaceutical companies…
U.K. seeks long transition to tariff removal in Australia deal
The U.K. government is seeking to phase in tariff cuts for agricultural products in its potential post-Brexit trade deal with Australia, according to a person…
China’s embrace of sanctions costs it an investment deal with EU
China has defended retaliatory sanctions on the European Union after lawmakers in the bloc voted to freeze an investment deal agreed to late last year.
Myanmar slashes trade target by 16% on Covid after crippling coup
Myanmar, which has been in turmoil since a military coup in February, cut its trade target for this year by 16%, citing the impact of…
Korea early exports surge as vaccines spur global reopening
South Korea’s early trade data show exports are set to surge in May as vaccinations allow a broader reopening of major economies.
Chinese commodities in sea of red as global rout spreads East
The global rout in commodities spread to China, with futures for iron ore to coal to soybeans tumbling, as markets were gripped by inflation fears…