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Showing 111 - 120 of 562 results for "Imports"

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 ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... contribution to GDP growth in the June quarter. Net exports subtracted one percentage point from overall GDP growth as imports grew faster than exports. Imports rose by 0.9% in the June quarter following a 0.2% increase in the first quarter further underlining ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... week. Now that the "public comment" period is over, Trump is expected to impose tariffs on US$200 billion worth of Chinese imports and later threatened to tax another US$267 billion of goods coming from China. This would certainly prompt retaliation ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... July from a US$67.9 billion shortfall in the previous month. The US economy's relative strength continues to suck in imports - up 0.9% in July versus 0.6% in the previous month - but exports fell another 1.7% over the month on top of a 1.2% decline ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... ¥720.7 billion surplus in the previous month... but for good reasons. Exports grew by 3.9% in the year to July while imports expanded by 14.6% over the same period (from 2.6% in June). The acceleration in imports suggests strengthening Japanese domestic ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... PCE price inflation was at 1.9% in June. The US economy has withstood the tariff levied by China on US$34 billion of US imports in retaliation to America's imposition of the same amount on July 6. The Trump administration is reportedly preparing ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... percentage points to June quarter growth. Exports grew by 9.3% in the second quarter (from 3.6% in the first) while growth in imports slowed to 0.5% from 3.0% in the March quarter. However, inventories subtracted a sharp one percentage point to GDP. ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... there's the Australian dollar - it dropped by 4.4% in the year to the June quarter which should raise the cost of imports that are in turn, passed onto the consumer. But the inflation stats show that this isn't happening. Given stagnant wage ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... America, followed by a 25% tariff on US$34 billion worth of Chinese shipments to the US (and another US$200 billion of imports from China to be taxed soon). Not surprisingly, China retaliated in equal measures. These are just the headlined reports of ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... became real on 6 July 2018, when at exactly 12:01 am (NY time), the US imposed a 25% tariff on US$34 billion of Chinese imports to which China immediately responded with a percent-for-percent and dollar-for-dollar border tax of its own on "Made in the ...