South Korea’s Surge Will Be Red Rag To Trump’s Bull — Panjiva
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South Korea’s Surge Will Be Red Rag To Trump’s Bull

Industrials - Capital Goods 619 Info Tech - Tech Hardware 861 Materials - Metals/Mining 792 Metals - Steel 542 South Korea 605 Trade Balance 935 Trade Deals 1017 U.S. 5398

South Korea’s export surge continued in September, with exports jumping 35% on a year earlier to a new record. That outpaced import growth for a third month with the result that the country’s trade surplus also reached a new record. A weaker currency helped, but demand for South Korea’s products across Asia – especially China – remained strong. Consumer demand for electronics likely drove the 70% rise in semiconductor exports, while protectionist fears and higher input costs may be the reason behind a 107% boom in steel shipments. Exports to the U.S. climbed 29%, compared to a slide of 2...

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