South Korea’s international trade activity surged 24.8% higher vs. a year earlier in October, markedly surpassing the 4.4% growth seen in the third quarter. One-third of the dollar of export growth, which reached 22.2%, was down the oil products sectors though growth was broad-based. A 22.2% expansion in exports of semiconductors and growth across most industrial supply chain products would suggest the knock-on effect of America’s trade war with China is not yet having a significant effect on Asian suppliers. A 5.6% growth in exports of home appliances and 22.2% in steel may indicate ...