Air Freight News
Brazilian Minister Says China Has Been Profiting From Pandemic
A member of President Jair Bolsonaro’s cabinet reignited a diplomatic spat with China, saying Brazil’s top trading partner has been profiting from the coronavirus pandemic…
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EU to boost tariffs on U.S. goods in metals-trade dispute
The European Union plans to impose tariffs on lighters and plastic fittings from the U.S. in retaliation over controversial American duties on imported steel and…
U.S. blacklist hurt China AI giant’s sales ahead of IPO attempt
Megvii Technology Ltd.’s revenue growth dissipated in the second half of 2019 after it joined Huawei Technologies Co. on a U.S. trade blacklist, underscoring the…
Canned food sprees won’t save aluminum
The industry is still working its way through the stockpile accumulated during the last crisis.
Virus spurs global free-for-all over $597 billion medical trade
Germany’s Vice Chancellor Olaf Scholz has said the shared experience of battling the coronavirus could lead to a “new age of solidarity.”
Oil negotiators race for pact with U.S. role in balance
Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress…
Purell gets tariff exclusion as Trump reverses earlier rejection
The maker of Purell hand sanitizer was granted exclusions from U.S. tariffs on components it imports from China, in a reversal by the Trump administration…
Frightened workers stay away from factory floors, hitting output
Philippe Petitcolin has had a hard time getting workers back on the factory floor.
Treasury lines up bankers to handle coronavirus business loans
The Treasury Department has retained several Wall Street banks to assist with loans to three industries during the coronavirus crisis.
BEA news: US international trade in goods and services, February 2020
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: The U.S. monthly international trade deficit decreased in February 2020 according…