Trade deficit 46

US ‘Economic Recession’ Right, President Yoon ‘Free Solidarity Trade Finance 360 Trillion’

As the US faces this year’s “economic recession cycle,” President Seok-yeol Yoon’s strategy of “maximizing world exports through solidarity with the free camp” has announced a low-interest trade finance economic stimulus policy, showing the possibility of “expanding imports and trade deficits first.” In his New Year’s address, President Yoon said, “The export strategy must be different from the ..

경제 2023.01.03

WSTS Next year, semiconductor ‘4.1% decrease’, Asia Pacific ‘7.5% decrease’

The World Semiconductor Market Statistics (WSTS) predicted that the global semiconductor market would decrease by 4.1% next year and the Asia-Pacific region including China would decrease by 7.5%. The WSTS, which includes 40 global semiconductor manufacturers, forecasts the global market in 2023 to be $556.5 billion, down 4.1% from the previous year, and expected negative growth for the first ti..

경제 2022.12.05

US-France ‘Agreement on Resynchronization of Semiconductor Batteries’ Excludes Electric Vehicles

At the US-France summit, an agreement was reached on “semiconductor battery hydrogen resynchronization,” which excluded electric vehicles at stake in South Korea, and NATO showed cooperation with the US in security with China. Immediately after the summit between the two countries at the White House, US President Biden said, "We will continue to create manufacturing jobs in the United States, bu..

안보 2022.12.02

‘Trade-led domestic consumption prefers U.S. products’ amid a 0.6% rise in U.S. GDP

In response to a 0.6% rise in GDP in the third quarter of the US, major US media issued a diagnosis of “trade-led domestic consumption preferring US products.” "Overall GDP figures were skewed by the international trade component," the New York Times reported on Wednesday. The Wall Street Journal reported that the main reason for the rebound in GDP was a decline in the trade deficit, a kind of s..

경제 2022.10.28

Export growth plunged, trade deficit of $48 billion, ‘electricity rate hike’

As the export growth rate plummeted, the trade deficit is projected to reach US$48 billion this year. According to government statistics, the cumulative trade deficit until September was $28.88 billion, and in September, exports increased by 2.8% (year-on-year) to $57.46 billion, and imports increased by 18.6% to $61.23 billion in trade deficit. is $3.77 billion (about 5,421.3 billion won). In S..

경제 2022.10.02

Trade deficit US$29.2 billion until September, higher than Japan's import growth rate

Until September 20 of this year, the trade deficit was $29.213 billion, and securities companies estimated the average annual trade deficit this year to be $28.17 billion, a strong dollar trend, and the exchange rate was estimated at an average of 1422.7 won. From September 1 to 20, exports amounted to 32.958 billion dollars, down 8.7% from the same period of the previous year, and imports were ..

경제 2022.09.21

Trade deficit $9.5 billion doubling every month Semiconductor export negative growth

The trade deficit recorded US$9.5 billion in August, doubling every month since May, and semiconductor exports grew negatively by -0.2%. Statistics from the Korea Customs Service showed that imports increased by 28.2% (year-on-year) from a deficit of USD 9.487 billion in August, and exports rose 6.6% to USD 56.758 billion. $4.9 billion → February: $1.02 billion → March: $120 million → April -$2...

경제 2022.09.15

U.S. interest rate rises 0.75% in September Japan grew 3.5%, Korea's overseas investment doubled

The U.S.'s trade deficit narrowed with interest rate hikes of 0.75% consecutively, the unemployment rate dropped to the lowest level, and Japan's high growth rate of 3.5% was expected this year. It was extreme. The Wall Street Journal reported on the 7th that "The Federal Reserve appears to be moving in the direction of raising interest rates by 0.75 percentage points this month in response to C..

경제 2022.09.08

Trade deficit doubles, won sharply, energy rises, international gas war 'intensifies'

Foreign media are paying attention to the doubling of Korea's trade deficit, led by a sharp drop in the won and a rise in energy, and an increase in imports 4.5 times that of exports. As the price of gas, which has grown in absolute importance in Korea, soared, Japan secured a supply of natural gas with Russia, and the US is escalating the conflict between Russia and the Sakhalin project, and in..

경제 2022.09.01

Yoon Seok-yeol's regime's 'US-centered response to China' is 'frustrated' as the trade deficit widens

The Yun Seok-Yeol Regime is frustrated by a growing trade deficit in the US-centered response to China's strategy to prioritize a strong dollar. The Korea Chamber of Commerce and Industry (KCCI) announced on the 9th that “increased imports of intermediate goods, reorganization of supply chains, and reduction of tariffs under the Regional Comprehensive Economic Partnership (RCEP)” were the reason..

안보 2022.08.24