Air Freight News
Australian dollar’s pain from trade war may worsen after deal
In the two years since the U.S.-China trade war erupted, Australia’s dollar has weakened around 10%. It may drop even further when the dispute is…
India proposes incentives to woo Apple, Samsung suppliers
India is considering a plan to offer subsidized loans to mobile handset manufacturers in a bid to attract Apple Inc. and Samsung Electronics Co.’s suppliers…
Hong Kong could be a loser from the trade deal
One way to narrow the U.S. deficit with China would be to re-route shipments through mainland ports. That could hurt the city’s economy.
US won’t cut more China tariffs until after November vote
Existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the American presidential election,…
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Senate to vote on USMCA trade deal this week, McConnell says
The Senate will pass the U.S. trade deal with Mexico and Canada this week before President Donald Trump’s impeachment trial begins, Majority Leader Mitch McConnell…
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China faces stepped-up calls to slash trade-distorting subsidies
China came under greater international pressure to reduce industrial subsidies after the U.S., Europe and Japan agreed to push for stronger World Trade Organization rules…
Trade peace may hurt countries left out of US-China deal
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California wineries support EU rivals in plea to end tariffs
California winemakers are lending support to their French, Spanish and Italian counterparts in a plea to eliminate tariffs on the beverage after a trade standoff…
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Xi strikes optimistic tone after riding out trade war with Trump
With China on the verge of signing a deal with Donald Trump to at least temporarily defuse a nearly two-year trade war, Xi Jinping is…
Johnson predicts UK-EU deal in 2020 despite fight over fishing
U.K. Prime Minister Boris Johnson said it’s “very likely” his government will secure a trade deal with the European Union before his year-end deadline, despite…