Air Freight News

UAE says finalized purchase of F-35 jets, drones from US

The United Arab Emirates finalized the purchase of up to 50 F-35 jets and 18 drones from the U.S. before former President Donald Trump left office.

Letters of Agreement were finalized on Tuesday, according to an emailed statement from the UAE’s Ministry of Foreign Affairs.

Before his exit from the White House, Trump issued an order exempting the UAE—which accounted for about a tenth of U.S. aluminum imports last year—from 10% tariffs his administration implemented in 2018. The order instead placed quotas on the Gulf nation, saying imports would have to remain close to historical levels without meaningful increases, language similar to that used when quotas were placed on Canada last year.

The UAE normalized ties with Israel in August, an historic agreement that Trump brokered and touted as one of his most important foreign-policy successes.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/December-2024-Transportation-Employment.png
December 2024 U.S. Transportation Sector Unemployment (4.3%) Was the Same As the December 2023 Level (4.3%) And Above the Pre-Pandemic December 2019 Level (2.8%)
View Article
DP World appoints Jason Haith as Vice President of Freight Forwarding for U.S. and Mexico

DP World, a global leader in logistics and supply chain solutions, has announced the appointment of Jason Haith as Vice President, Commercial Freight Forwarding – U.S. and Mexico, effective immediately.…

View Article
https://www.ajot.com/images/uploads/article/Amaero-International-Limited_Board-meeting-JAn-2025.png
Amaero secures final approval for $23.5M loan from Export-Import Bank
View Article
U.S. Bureau of Labor Statistics employment situation

Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in…

View Article
Import Cargo to remain elevated in January

A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen…

View Article
S&P Global: 2025 U.S. transportation infrastructure sector should see generally steady demand and growth

S&P Global Ratings today said it expects activity in the U.S. transportation sector will continue to normalize in 2025, with growth rates for most modes of transportation slowing to levels…

View Article