Air Freight News
US must find new tools to defend against China, trade chief says
The US must all available tools and develop new ones to defend its economic interests and values against China’s unfair practices after talks showed clear…
Xi slams sanctions for ‘weaponizing’ world economy at BRICS open
Chinese President Xi Jinping criticized sanctions for stoking global economic pain in a speech kicking off this year’s BRICS summit, as he seeks to bolster…
UK eyes cuts to food tariffs in trade talks with Gulf nations
The UK is seeking to slash tariffs on food exports to countries including Saudi Arabia, the United Arab Emirates and Qatar in negotiations for a…
One in 10 Australians Trust China’s Government, Lowy Survey Says
Just over one in 10 Australians have faith in the Chinese government to act responsibly in international affairs, according to a new survey, amid attempts…
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China’s electric car exports more than double, mostly to Europe
China’s shipments of cars rebounded in May, with electric vehicle exports more than doubling, as Covid lockdowns gradually ended.
Switzerland imports Russian gold for first time since war
Switzerland imported gold from Russia for the first time since the invasion of Ukraine, showing the industry’s stance toward the nation’s precious metals may be…
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US sanctions helped China supercharge its chipmaking industry
China’s chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co. to Hikvision spurred…
Australia wine body shuts China office as tariffs hit exports
Australia’s government-backed wine marketing and research body said it will close its physical office in Shanghai, as prohibitive tariffs on its product have dimmed opportunities…
EU balks at US push to use insurance to cap Russian oil prices
European officials are skeptical of a US push to set a price cap on Russian oil by potentially easing an EU ban on insurance for…
Swiss watch exports to China slump again as US stays strong
Swiss watch exports to China plunged for the second month in a row as Covid-19 lockdowns battered demand.