Air Freight News
Myanmar economy stymied by forex, import curbs, World Bank says
Myanmar’s economic recovery is being hampered by a shortage of foreign exchange, import restrictions and power outages, according to the World Bank.
China shifts strategy on de-risking with direct appeals to CEOs
When the US first embraced “de-risking” to get Europe on board with measures to deny key technology to China, officials in Beijing dismissed the term…
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China’s EV exports to Canada soar as Tesla starts to deliver
China’s shipments of electric vehicles to Canada soared in May, as Tesla Inc. started to deliver its Shanghai-produced models to the country for the first…
Japan unveils $6 billion deal to buy out chip linchpin JSR
Japan’s government unveiled a $6.3 billion deal to buy out and privatize JSR Corp., taking direct control of the world leader in chipmaking compounds at…
Wheat climbs to four-month high as traders assess Russia risks
Wheat climbed to a fresh four-month high after the armed uprising in top exporter Russia added uncertainty over the outlook for grain shipments from the…
China exports more cars than Japan on sales surge to Russia
China sold more cars abroad than any other nation in the first quarter in part because of a sales jump to customers in Russia.
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Trump’s trade chief proposes new tariffs on all Chinese imports
The architect of Washington’s trade war with China said the US needs to unilaterally raise tariffs on all Chinese imports in order to limit economic…
New Zealand seeks trade diversity with China as Hipkins meets Xi
Having struggled to reduce its trade reliance on China, New Zealand is now trying to diversify within it.
United States announces major resolution on key trade issues with India
Underscoring the close bilateral economic and trade relationship, the United States and India will terminate six WTO disputes; India will remove retaliatory tariffs on select…
USTR announces Sarah Ellerman as Assistant U.S. Trade Representative for Southeast Asia and the Pacific
Ellerman has more than two decades of experience in developing and implementing trade policy and has served in several key roles in USTR, including most…