Air Freight News
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US to halt Chinese airlines’ access
The Trump administration issued an order suspending passenger flights from China-based airlines, saying it was retaliation for Beijing barring American carriers from re-entering that market,…
France pushes back against US over digital tax probe
France slammed the U.S. over its probe into digital taxes that are being considered by a number of countries, saying it contradicts Washington’s call for…
Hong Kong can get US dollars from China if needed, Chan says
China’s central bank can provide U.S. dollars to back Hong Kong’s currency peg should the Trump administration impose sanctions on the territory, according to the…
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EU looks to Johnson to stop no-deal Brexit with talks stuck
The European Union will try to convince Boris Johnson to forge a compromise later this month in an attempt to stop the U.K. from breaking…
Taiwan dangles $335 million to woo foreign chipmakers
Taiwan’s cabinet plans to allocate more than NT$10 billion ($335 million) to entice foreign chipmakers to set up R&D facilities locally, people familiar with the…
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Europe renews push to slash global tariffs on medical goods
The European Union is pressing for a global deal to eliminate tariffs on pharmaceuticals and medical supplies in an effort to guard against the kind…
Facebook, PayPal back Gojek’s Asia digital payments push
Facebook Inc. and PayPal Holdings Inc. are investing in Gojek, a big boost for the Indonesian startup’s digital payments business that propels the U.S. companies…
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US starts probe into digital tax plans from EU to India
The Trump administration is starting investigations into digital services taxes considered by several trading partners from the European Union to India that could lead to…
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US Secretary of Commerce Ross initiates Section 232 investigation into imports of vanadium
U.S. Secretary of Commerce Wilbur Ross has initiated an investigation into whether the present quantities or circumstances of vanadium imports into the United States threaten…
US to initiate tariff probe into India, Spain over digital tax
The Trump administration is set to start an investigation into India and Spain’s digital services taxes that could lead to tariffs being imposed on the…