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Showing 141 - 150 of 190 results for "Trade war"

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

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
From "fake news", US President Donald Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... in the yen (due to the tumult prompted by the Turkey crisis and emerging market sell-off) and of course, the brewing trade war that's putting downward pressure on Japanese exporters. Latest figures show that Japan's trade accounts went into a ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... (respondents expect unemployment to rise). These adverse domestic developments, along with a litany of negative external ones - trade war, slowing global growth (China, in particular), falling commodity prices, emerging market sell-off, etc. - should ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... interest rates now risks an A$ appreciation (not a good idea when our biggest export market - China - is in the midst of a trade war with Uncle Trump) but cutting interest rates now could re-ignite the already slowing housing market and encourage Australian ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... Trump has again upped the rhetoric against China (which of course, brought back trepidation over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently, in his mind the Fed's ...

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

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
Some would call it karma, for many it's just the plain and simple truism that a trade war is a lose-lose proposition. In his quest to "make America great again" and under the guise of "national security", US President Donald Trump kicked off with ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
Shots fired! Shots fired! The threat of a trade war 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 ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... month of decreasing business confidence. Japanese manufacturers' trepidation over the potential escalation of the trade war is clearly palpable in their export growth expectations - down sharply to 1.8% in fiscal year 2018 from 7.4% in FY 2017. This ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... America's largest creditor may be easing bond-buying amid rising trade tensions." What happens if China fights the trade war by divesting its holdings of US bonds? Certainly, China will suffer a loss but America's Trump might have to pay a higher ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... protectionist policies. This could be because the financial media is calling it a trade dispute, a trade spat and not a trade war (or is it because of the markets' relatively sanguine reaction that media is calling it as such?). With US president ...