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Showing 71 - 80 of 531 results for "imports"

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... hose down by virtue of its mandate for stable inflation - that's being "oomph" by Trump's increased tariffs on US imports. The Fed may term its policy normalisation efforts as "gradual" but given the reaction in the financial markets (near inversion ...

Chief economist update: The art of the deal in action

BENJAMIN ONG  |  WEDNESDAY, 28 NOV 2018
... would agree to China's plea for him to refrain from lifting the current 10% tariff imposed on US$200 billion worth of imports from China to 25% at the start of 2019. But good cop White House economic adviser Larry Kudlow is singing Eva Peron's ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... Its depreciation has (as expected) generated higher import prices. But businesses are unable to pass on the higher cost imports due to the high level of Australian household indebtedness and more to the point, stagnant wage growth - the wage price index ...

Chief economist update: BOJ on a steady

BENJAMIN ONG  |  TUESDAY, 30 OCT 2018
... sales slowed to 2.1% in September following a 2.7% increase in the previous month. Similarly, the year-on-year growth in imports - an indication of domestic demand - slowed to 7.0% in September from 15.3% in the year to August. However, financial markets ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... while at the same time, underscoring the negative effects of Trump's protectionist policy on America's exports. Imports surged at an annualised rate of 9.1% in the third quarter (after a 0.6% fall in the June quarter) while exports declined by ...

Chief economist update: The winter of Australia's discontent

BENJAMIN ONG  |  WEDNESDAY, 24 OCT 2018
... are already impacting demand from China - Australia's biggest export market. Reuters' reports that China's imports of sorghum dropped by 76.9% in the year to September, "dragged down by Chinese tariffs on cargoes of the commodity from key ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... only this, increased Chinese household consumption (and by extension, overall growth) should also lift its demand for imports (perhaps, not from the US) supporting growth in the economies of its trading partners. Win-win! ========== Below is the draft ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... buys 32% of the country's total exports. Not to mention the flow on effects on Australia from other economies that imports from Australia. For sure, the signs are ominous but still, isn't this what China had been aiming for all along? That is ...

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
... of Brent oil has risen by 24% between January and September this year - because of the country's dependence on oil imports. According to Bank of America Merrill Lynch currency strategist Rohit Garg: "In terms of oil impact, we believe 10% rise in ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... two is less onerous than was originally threatened. The US is slapping a 10% tariff on US$200 billion worth of Chinese imports (but would rise to 25% at the start of 2019) instead of the outright 25% initially announced. In response, China responded ...