EU-US Trade War Escalates Over Disputed Aviation Subsidies

(Bloomberg) — The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing Co., significantly escalating transatlantic trade tensions hours after Washington vowed to hit the EU with duties over its support for Airbus SE. The two sets of punitive measures are the latest twists in a 14-year-old dispute that the U.S. […]
  • Bloomberg News
  • April 9, 2019

IATA expects slowing freight traffic as demand falls

In its second quarter Cargo Chartbook today, the International Air Transport Association (IATA) declared that the best of the upturn in air freight traffic is past, as traffic in freight tonne kilometers (FTKs) rose by only 4.0% year-over-year during the three months ended April. The positive air freight performance during 2017 was supported by overall […]
  • Caryn Livingston
  • June 28, 2018

US tariffs on Chinese goods signal trade war has arrived

Today, the United States government followed through on earlier threats from US President Donald Trump by imposing a 25% tariff on about $50 billion worth of Chinese imports containing “industrially significant technologies,” which the Office of the United States Trade Representative (USTR) said are related to China’s “theft of our intellectual property.” For its part, […]
  • Caryn Livingston
  • June 15, 2018

Is a Trade War Coming, or is it Already Here?

Last week, President Trump allowed the exemptions on tariffs on US imports of steel and aluminum to lapse. What does this have to do with air cargo? First of all, after agriculture, one of the most likely targets of retaliation by other countries will be the US aerospace industry. In a one-two punch, Boeing would […]
  • Alan Hedge
  • June 5, 2018