Air Freight News
BYD denies report of pause on Mexico plant plans
China's electric automaker BYD said on Tuesday that it has not postponed "any decision" regarding its planned factory in Mexico, denying a report from earlier…
U.S. Steel expects to shut mills if $14.9 billion Nippon deal collapses, WSJ reports
(Reuters) -U.S. Steel would close mills and likely move its headquarters out of Pittsburgh if the $14.9 billion buyout by Nippon Steel collapses, the Wall…
German trade group sounds alarm as exporters stare down recession
German exporters are facing a recession and the country's economic model is coming under "massive pressure", the BGA trade lobby said on Wednesday,
Americas overtake China in semiconductor chip sales
Semiconductor sales in the Americas outpaced those in China for the first time in at least five years in July, according to data compiled by…
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US golf cart industry shows China tariffs are an imperfect tool
Nine weeks before a presidential election with major implications for global trade, American companies remain as split as ever about whether the tariff barrage the…
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China warns Japan of retaliation for possible new chip curbs
China has threatened severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms, complicating US-led efforts to…
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South Korea wants US ‘carrots’ for embracing China chip curbs
South Korea seeks more flexibility and incentives from the US to encourage Seoul’s compliance with additional curbs on advanced semiconductor exports to China that Washington…
US drafts sanctions against Venezuelans over disputed election
The US is laying the groundwork for new sanctions on Venezuelan government officials in response to Nicolás Maduro’s disputed reelection in July.
IEDC to target semiconductor innovation and launch new Taiwan office
Indiana will showcase its bold, future-focused strategy at SEMICON Taiwan and announce a new office in Taipei to further develop relationships and two-way trade opportunities
China’s BYD pauses Mexico factory plans until after US election
China’s top electric-vehicle maker BYD Co. won’t announce a major plant investment in Mexico until at least after the US election, according to people familiar…