US, China reach deal to cut trade deficit
GENEVA : US Treasury Secretary Scott Bessent on Sunday reported “substantial progress” in US talks with China’s top economic officials to de-escalate a damaging trade war, but offered
Not just tourism, India has $12 billion trade with Turkiye and Azerbaijan
NEW DELHI : The ongoing tension between India and Pakistan is set to impact the Indians travelling to Turkiye and Azerbaijan, who have expressed support to Pakistan amid
Container shipping firms cut Asia-US Service as Trump tariffs collapse trade
LOS ANGELES : Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump‘s punishing tariffs on
Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade at Northwestern U
PANAMA CITY : The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture, this week, in which he laid out
Ind–Pak crisis disrupts freight traffic in South Asia
KOLKATA : India bans the import of goods from Pakistan and the handling of Pakistani cargo in its harbours. Pakistan stops border trade and closes airspace. Shipping companies
First round of India–New Zealand FTA negotiations concludes
NEW DELHI : In a major step towards expanding bilateral trade and investment engagement, the first round of negotiations for the India–New Zealand Free Trade Agreement (FTA) concluded
India and Chile sign Terms of Reference for CEPA Negotiations
NEW DELHI : India and Chile signed the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA) on 08 May 2025, marking a significant advancement in
CMA CGM expresses keenness to fully return to the Suez Canal
ISMALIA : The Suez Canal Authority (SCA) engaged with major shipping lines, ship owners, and maritime agencies following recent security developments in the Red Sea region. This move
Shippers unlikely to return quickly to Red Sea after ceasefire
NEW YORK : Major shipping companies are likely to take their time before fully resuming transits through the Red Sea, waiting to see if a ceasefire announced May
Cargo thieves are attacking the U.S. supply chain at alarming rates
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from train
