THE US has accused China of a continuing a state-backed campaign of intellectual property and technology theft even as the world's two largest economies descended into a tariff war, reports Bloomberg. Renewed accusations came in a detailed 53-page report released by US Trade Representative Robert Lighthizer's office just 10 days before President Donald Trump is due to meet Chinese President Xi Jinping at the November 30 - December 1 Group of 20 summit in Buenos Aires.
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Forwarders and airlines are looking to start negotiations for services next year, and are figuring out how much capacity to book. After record high demand - and prices - in 2017, forwarders were keen to lock-in capacity in advance this year, while airlines were equally keen to hold some space unblocked to capitalise on late-booked cargo when spot prices were high.
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EU PRIOR SURVEILLANCE IMPORT LICENSING REGIME 1. This notice sets out the EU revised prior surveillance import licensing arrangements covering imports into free circulation within the EU of aluminium and steel products listed in Annex A. It replaces all previous notices. 2. An import licence is required for aluminium entries made on or after 12 May 2018.
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THE new Democrat majority in the US House of Representatives is likely to back President Donald Trump's trade war with China and could even egg him on but will offer tougher scrutiny of his negotiations with allies, trade experts and lawmakers say. Mr Trump has imposed tariffs on US$250 billion of Chinese goods to pressure Beijing to stop intellectual property theft and forced technology transfers, improve market access for US firms and cut its high-tech industrial subsidy programme - major shifts away from China's state-led economic model.
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