Air Freight News
Indonesia braces for export hit as virus saps Chinese demand
A nascent recovery in Indonesian exports is under threat, with the coronavirus outbreak set to sap Chinese demand for commodities including palm oil, coal, paper…
Virus curbs set to deepen slump in India’s diamond exports
Diamond and jewelry exporters in India can’t catch a break.
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China reneges on commodity deals, worsens global trade chaos
Global commodity trade plunged deeper into chaos as Chinese companies started walking away from purchase contracts because of the spread of the deadly coronavirus.
Trump, Xi reaffirm commitment to phase-one trade deal
U.S. President Donald Trump and Chinese President Xi Jinping reaffirmed their commitment to implementing the phase-one trade deal signed between the two countries last month…
Trump’s trade policies ‘Do not work,’ says former head of WTO
President Donald Trump’s policies on trade do not work because imposing tariffs on goods from certain countries will result in product being imported from other…
Soy shrugs off China’s tariff cut as traders want to see sales
Soybean futures traded with little enthusiasm in a lackluster response to China’s decision to cut retaliatory tariffs on American imports along with other agricultural commodities.…
Oil steadies after Russia asks for time to decide on output cuts
Oil fluctuated after giving up prior gains as an OPEC+ committee recommended output cuts, but didn’t reach a decision on an emergency meeting amid Russia…
UK seeks simpler tariffs, US deal to boost post-Brexit trade
Boris Johnson’s government sought to burnish the U.K.’s post-Brexit trade credentials as it laid out its ambitions for a deal with the U.S. and plans…
‘Chill is real,’ Trudeau envoy to China says of Huawei feud
The man Justin Trudeau put in charge of repairing Canada’s ties with China acknowledged he has his work cut out for him.
Soybeans nudge higher after China makes small tariff cut
Chicago soybean prices rose slightly in a muted response to China’s decision to make a small cut in retaliatory tariffs on American imports along with…