US – Oct Trade Balance
07/12/2018 09:50 am MYT
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In Oct, the US trade deficit widened 1.7% from Sep to US$55.5 bln – see figure 1. Exports fell by 0.1%, month-on-month, to US$211.0 bln, while imports rose by 0.2% to US$266.5 bln. On a year-on-year basis, exports and imports increased by 6.3% and 8.5% respectively. The strengthened US$ is likely to be a drag on exports. Whether Trump’s tariffs will significantly improve the US trade deficit or not is still a big question. In Jan-Oct 2018, the US trade deficit widened 11.4% when compared with the same period a year ago.

 

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Note from Publisher
In a seminar organised by Capital Dynamics in 2002, Tan Teng Boo said that the modernisation of China is a transformation that happens only once in a millennium. In the 17 years that followed, we have seen a glimpse of the impact coming from China’s transformation.

Feeling increasingly insecure, the US has launched a multi-pronged war on China, which has caused great uncertainty around the world. The clash between the two global giants is expected to be long-drawn, lasting decades. Hence, it is important that one has a deep and sound understanding of the US-China tensions and relations. In the coming 2018/2019 Global Investor Week on 13 and 14 April 2019, we have invited prominent speakers from China, US, Africa, and Asia to share their candid views based on their unique perspectives. Closer to home, the rapid changes in Malaysia’s political scene are of utmost concern to Malaysians. How will Malaysia’s political future play out ? Come and listen to the insights from leading experts on Malaysian politics.

Many other exciting programmes have been planned for the 2018/2019 Global Investor Week. Please visit https://giw.icapital.biz for more details.
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