Air Freight News
Copper sinks to 17-month low as recession fears dominate trade
Copper fell to the lowest level in 17 months, with metals extending losses as global recession fears continue to damp the demand outlook for commodities.
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China’s Liu discusses tariffs with Yellen as US looks to ease
China’s Vice Premier Liu He discussed US economic sanctions and tariffs in a call with Treasury Secretary Janet Yellen amid reports the Biden administration is…
Germany, Ireland decry UK government for tearing up Brexit deal
Germany’s government made a rare public statement admonishing the British government for plans to break the Brexit deal agreed with the European Union two years…
Biden may roll back Chinese tariffs this week, Dow Jones says
US President Joe Biden could announce his decision to roll back some tariffs on Chinese imports as soon as this week, Dow Jones reports, a…
Risk currencies rally on bets US may roll back China tariffs
Commodity and risk currencies rallied overnight on reports the US may soon rollback tariffs on Chinese consumer goods. Asian stock futures pointed to modest gains…
Germany has first monthly trade deficit since 1991 on inflation
Germany reported its first monthly trade deficit in three decades, as companies faced surging costs for imports and softer demand for their products amid a…
Putin’s media blitz on Africa food crisis sparks alarm in Europe
EU diplomats are concerned that a Russian effort to link the food crisis to sanctions is gaining traction in Africa.
Senate Democrat urges Biden to repeal tariffs to fight inflation
A Senate Democrat called on President Joe Biden to repeal tariffs put in place by the Trump administration, saying they haven’t significantly changed China’s trade…
Australia sees commodities boom lifting exports to fresh record
Australia’s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation’s coal and…
India June trade gap hits record high on rising import bill
India’s trade deficit widened the most on record last month as high global commodity prices further raised the import cost of goods such as oil…