Latest: Asia Transportation News
With the tariff exemption – and trade loophole – for small parcels ending on May 2, some foreign retailers are giving up on seeking sales in the US
Officials at the Ports of Los Angeles and Long Beach expect a plunge in cargo from Asia that could last well into the second half, if not longer
Central bank cuts key interest rate again, while Moody's ratings agency downgrades Thailand's outlook to negative based on impacts expected from US tariffs
China has granted tariff exemptions on US goods such as pharmaceuticals, chips and aircraft engines and has asked firms to identify critical goods they need levy-free
Prices of goods posted from China valued under $800 will soar from Friday (May 2), when the "de minimus" trade loophole ends and new tariffs begin
"China's affected airlines and Boeing have suffered greatly," the Commerce ministry said, but other airlines say they're happy to take jets from Boeing if China no longer wants them
Beijing says it will take legal action if companies push ahead with $23bn ports deal, insisting that the takeover must be reviewed by its top regulator
Working groups will discuss key issues in new trade talks, but Seoul must hold an election before it can make commitments on big energy projects and defence costs
Trump administration could lower tariffs on Chinese goods to 50-65%, pending talks with Beijing, a source said. But Beijing says no talks have been held yet
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war
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AF Transportation Insights
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Transportation:: The Big Picture
Mining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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ChinaIn Numbers: The Economic Impact of Shanghai’s Covid LockdownsStrict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
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Transport InsightsWhy are Indian Electric Vehicles Catching Fire?The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
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Transport InsightsHere’s Why Tesla’s Shanghai Restart May Not LastTesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
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Transport InsightsA Little-Known China EV Maker Eclipses Rivals Nio, TeslaHozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.
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