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Showing 11 - 20 of 178 results for "trade deficit"

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... since Trump has promised even more tariffs." Of course, he would. The better the US economy gets, the wider its trade deficit grows, the more aggressive Trump will be on tariffs that'll invite counter-aggression from its trading "partners". That's ...

Chief economist update: Talking trade tariffs

BENJAMIN ONG  |  FRIDAY, 4 MAY 2018
... could help temper tensions between the opposing sides. The US Bureau of Economic Analysis (BEA) reports that the US trade deficit narrowed to US$49 billion in March from US$57.7 billion in the previous month. The US deficit with China decreased by 11.6% ...

Chief economist update: Can't get enough of war

BENJAMIN ONG  |  MONDAY, 16 APR 2018
... trade surplus with the United States, with this surplus accounting for a disproportionate share of the overall U.S. trade deficit. India met two of the three criteria for the first time in this Report, having a significant bilateral surplus with the ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
... billion of Chinese imports, with Factset reporting: "Trump reiterated his administration has told China it wants trade deficit [with China] reduced by $100 billion." China's retaliation was swift but modest. It announced just US$3 billion worth of US ...

What price Brexit certainty?

BENJAMIN ONG  |  MONDAY, 20 NOV 2017
... presage, the country's low unemployment rate (4.3% in the September quarter).... and back to trade. The country's trade deficit narrowed to £2.75bn in September from £3.46bn in the previous month, way below expectations for a £4.60bn, as exports increased ...

China trade deficit with Australia widens

BENJAMIN ONG  |  THURSDAY, 9 NOV 2017
Timely or well-timed but the release of China's trade balance just as US President Trump lands in the Middle Kingdom should help partly assuage Donald's displeasure with the US-China trade imbalance. China's trade surplus contracted sharply to US$38.2 ...

No other way but up

BENJAMIN ONG  |  MONDAY, 13 MAR 2017
... trade war - and erode America's export competiveness as well as put downward pressure on inflation. Already, the US trade deficit widened to US$48.5 billion in January - the largest since March 2012 - from US$44.3 billion in the previous month as imports ...

Year of the Rooster deficit

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
... billion in the previous month and a surplus of US$28.2 billion in the same month in 2016. This was the first monthly trade deficit recorded since February 2014 as surging imports compounded a fall in exports. Exports fell by 1.3% in the year to February ...

Buying American

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
... of his campaign promises if the latest stats on the country's international trade are anything to go by. The US trade deficit narrowed to US$44.3 billion in the month of December, down from the previous month's shortfall of US$45.7 billion and less than ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
... nice sequel to the horror 0.5% contraction in Australia's third quarter GDP growth, a widening of the country's trade deficit, that is. Australia's trade deficit rose by 21.3% to A$1.54 billion in October from A$1.27 billion in the previous month. This ...