Air Freight News
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Swiss to soften rules on arms exports but won’t help Ukraine
The Swiss government wants to be able to sidestep the country’s rigid neutrality to allow more weapons exports but will maintain a ban on shipments…
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India’s trade deficit widens on higher gold import bill
India’s trade deficit widened to a four-month high in April as strong domestic demand bumped up the nation’s import bill...
U.S. Trade Representative Katherine Tai to takes further action on China tariffs after releasing statutory four-year review
U.S. Trade Representative Katherine Tai today released the following statement concerning the statutory review of the tariff actions in the Section 301 investigation of China’s…
Olive oil windfall becomes lifeline for Tunisia with IMF on hold
Tunisia, which has ghosted the International Monetary Fund and feuded with Europe over aid for its languishing economy, has turned olive oil exports into a…
Flood of China used cooking oil spurs call to hike US levies
As President Joe Biden prepares a new wave of tariffs against China, a US soybean trade group is pushing for higher levies on Chinese used…
Prohibiting imports of Uranium Products from the Russian Federation
The President signed H.R. 1042, the Prohibiting Russian Uranium Imports Act, into law May 13, 2024. This bipartisan legislative action prohibits the import of Russian…
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Biden signs ban on imports of Russian nuclear reactor fuel
President Joe Biden on Monday signed legislation banning the import of Russian enriched uranium, starting a 90-day countdown until limits on shipments of the reactor…
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Chinese EV giant BYD to unveil plug-in Hybrid pickup in Mexico
BYD Co., the leader in electric vehicles in China, plans to debut its first truck in Mexico, next door to the world’s largest pickup market.
Philadelphia CBP nets 60 dead butterflies illegally imported from Portugal to Wayne County, PA
CBP agriculture specialists initially inspected the parcel, manifested as “pieces of silk to be used in works,” on May 2. The parcel instead contained dried…
S&P Global: Monthly default tally reached four-year high in April
The monthly default tally increased across geographies. The U.S. led with 56%, followed by Europe (22%), other developed regions (11%), and emerging markets (11%). However,…