AJOT Newsroom | May 08, 2025 | International Trade | By The Numbers
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its May Global Shipping Report for logistics and supply chain professionals.
Reuters | May 08, 2025 | International Trade | Trade Regulation
The United States and Britain announced a deal to lower tariffs on some goods on Thursday, with U.S. levies on cars and steel being cut and both sides gaining better access to agriculture markets.
Reuters | May 08, 2025 | International Trade
Top executives at American AI giants OpenAI, Microsoft and Advanced Micro Devices said at a U.S. Senate hearing on Thursday that while the U.S. is ahead in the artificial-intelligence race, Washington needs to boost infrastructure and champion exports to stay ahead of Beijing.
The European Commission proposed on Thursday countermeasures on up to 95 billion euros ($107.2 billion) of U.S. imports if negotiations with Washington fail to remove the series of tariffs applied by U.S. President Donald Trump.
The European Commission has opened a public consultation on Thursday on products which could be hit by new counter-measures to U.S. reciprocal tariffs should negotiations with Washington fail.
AJOT Newsroom | May 08, 2025 | International Trade
Will raise revenue and strengthen security
Reuters | May 08, 2025 | International Trade | Commodity
Ukraine's parliament voted on Thursday in favour of ratifying a minerals deal signed with the United States, an agreement Kyiv hopes will secure future military assistance from Washington in its fight to repel Russian troops.
Reuters | May 08, 2025 | Air Cargo | Airlines | International Trade
The United Kingdom will purchase $10 billion of Boeing planes, U.S. Commerce Secretary Howard Lutnick said at the White House on Thursday during the announcement of a bilateral trade deal between the UK and the United States, though the details were unclear.
The United States and Britain will announce a deal to lower tariffs on some goods on Thursday, the first such agreement since U.S. President Donald Trump sparked a global trade war with universal levies.
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.
Reuters | May 07, 2025 | International Trade
The European Commission will announce on Thursday details of its next countermeasures against U.S. tariffs should negotiations with Washington fail, European Trade Commissioner Maros Sefcovic said on Wednesday.
He Lifeng, a longtime confidant of Chinese President Xi Jinping who has slowly cultivated a reputation among foreign investors as a key fixer, will take centre stage in talks on Saturday aimed at breaking a trade deadlock with the United States.
Reuters | May 07, 2025 | Air Cargo | Airlines | International Trade
Aerospace companies are preparing for the next chapter in a new trade war as the European Union draws up expected counter-measures against Boeing jets in retaliation for 10% U.S. tariffs on European goods such as Airbus planes, industry sources said.
Britain is in "active discussions" with top U.S. officials over the 100% tariff on all movies produced outside the U.S. announced by President Donald Trump, as it aims to protect one of its biggest creative industries.
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