Air Freight News
US trade deficit grows to $68.3 billion, widest in three months
The US trade deficit grew to the widest in three months at the start of the year, reflecting a pickup in imports of merchandise.
Germany plans to ban some Huawei components from 5G network
Germany will likely prohibit some components in the country’s fifth-generation wireless network manufactured by Huawei Technologies Co. once an assessment of potential security risks is…
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U.S. Deputy Secretary Graves travels to Belgium and Croatia, addresses importance of U.S.-EU Strategic Economic Alliance
Last week, U.S. Commerce Deputy Secretary Don Graves traveled to Brussels, Belgium and met with European Commission President Ursula von der Leyen. They discussed the…
China’s exports extend declines, adding pressure to economy
China’s exports and imports continued to decline in the first two months of the year, clouding the outlook for the economy as it gradually begins…
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The US can’t figure out how to prevent baby formula shortages
US lawmakers are trying to maneuver around strict trade policies, inflexible government-welfare programs and intense agency oversight to boost domestic production of infant formula and…
Swiss weapons makers, stymied by Ukraine ban, find solace in Qatar export surge
Switzerland’s exports of arms and ammunition grew by almost a third last year, even though manufacturers complain the country’s longstanding neutrality puts them in an…
Wheat exports from Australia seen shrinking on drier conditions
Australia, the world’s second-largest wheat exporting country, is likely to see shipments decline from record levels in the coming financial year as production drops because…
Australia sees China obstacles ease for beef, lobster exporters
Australian beef, lobster and dairy exporters are starting to reap the benefits of better relations with China, Agriculture Minister Murray Watt said.
Australia’s trade surpluses enter sixth year on strong iron ore
Australia began a sixth year of trade surpluses in January, with economists predicting further gains ahead driven by No.1 trading partner China’s reopening after it…
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BGI seeks to ‘clarify’ after US widens China export restrictions
Chinese genetics firm BGI said it opposes a US decision to slap export restrictions on some of its units and will keep advocating for “open…