John Miller, Author at Trade Data Monitor

Trump Election Gooses Trade– Before Tariffs Hit

UncategorizedNovember 7, 202489Views 0Likes 0Comments

This week’s election of Donald Trump as the U.S.’s 47th president is almost certainly likely to lead to another trade war with China, and further tariffs on American imports. During the campaign, Trump said his favorite word was tariff and floated a universal 10% tariff and specific duties on Chinese imports as high as 60%.…

China Finally Affected by Protectionist Tariffs

UncategorizedOctober 23, 2024161Views 0Likes 0Comments

September Rain China posted lackluster trade figures in September, highlighting how it might become slowly less reliant on global commerce as other major economies retrench. Chinese exports increased 2.4% year-on-year, below economists’ expectations of around 6%, to $303.7 billion, while imports increased only 0.3% to $222 billon. The 2024 Boom For most of 2024, Chinese…

China Hikes Metal Exports Amid Record Surplus

UncategorizedJuly 15, 2024893Views 0Likes 0Comments

As the business world girds for a fresh wave of trade protectionism and the possibility of a second Trump administration, China bumped up exports of two essential metals. In June, its shipments of steel products increased 20.8% year-on-year by quantity to 8.7 million tons and 3.8% by value to $6.8 billion. Its shipments of unwrought…

Vietnam’s Secret Weapon: Agriculture

UncategorizedMarch 1, 20241KViews 0Likes 0Comments

In a tricky global economy, Vietnamese exports shrank in 2023, but the rising economic power managed to be one of the only countries to increase merchandise exports to China, thanks to a surprising surge in exports of fruits and vegetables, as well as rice, demonstrating the importance of export diversification. The Difficulties of 2023 The country of…

Bangladesh Textile Firms Look to Asian Markets to Recover From Covid-19 Crisis

UncategorizedJuly 20, 2020541Views 0Likes 0Comments

The Covid-19 pandemic has cast a pall over clothing retail markets in the U.S. and Europe. With iconic firms like Brooks Brothers and JC Penney battling bankruptcy, Asian textile manufacturers have lost billions of dollars in orders. That’s hit Bangladesh’s garment sector, the world’s second largest, particularly hard. The country is heavily dependent on the…