Trump’s Asia Trade Trip in 6 Charts – Watch Energy, Beans, Chips and the Deficit — Panjiva
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Trump’s Asia Trade Trip in 6 Charts – Watch Energy, Beans, Chips and the Deficit

Ags - Grains/Beans 318 China 3048 Consumer Staples 805 Energy - Conventional 468 Energy - Crude Oil 311 Energy - Natural Gas 164 Info Tech - Tech Hardware 862 Japan 629 Philippines 58 South Korea 605 Tariffs 1866 Trade Deals 1017 Vietnam 412

President Trump’s forthcoming Asia tour will be an opportunity to address trade issues with countries accounting for 63% of the U.S. global trade deficit. In Japan (from November 5) there was a recent commitment to announcing new energy deals. So far the U.S. only accounts for 1% of Japan’s oil product and LNG imports, while Japan accounts for 1% of U.S. oil product exports and 11% of LNG. For South Korea (11/7) there are already ongoing negotiations to “amend” the KORUS trade deal, but there are easy wins in oil products and soybeans that could add $1.4 billion to U.S. exports. China (1...

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