EU tariffs on U.S. goods eyed in aircraft subsidy case
The European Commission considers list of U.S. exports that could be subject to billions of dollars in tariffs in response to the aircraft subsidy dispute before the WTO.
6 days ago
Ocean carriers want to keep transpacific prices as high as possible during BCO contract negotiations. This has been successful, with an increase in blank sailings enabling an April 1 GRI. While space is currently reasonably tight and the new rates are still holding, another GRI is unlikely to stick without more blank sailings.
The U.S. international trade goods and services deficit was $49.4 billion in February, down $1.8 billion from January's revised figures, according to U.S. Census Bureau and the U.S. Bureau of Economic Analysis.