Will East Asia Overtake China as The Second Largest Source of Imports to The US in 2020?
Yicai Global
DATE:  Feb 18 2020
/ SOURCE:  yicai
Will East Asia Overtake China as The Second Largest Source of Imports to The US in 2020? Will East Asia Overtake China as The Second Largest Source of Imports to The US in 2020?

Quite likely.

East Asia (the Association of Southeast Asian Nations, Japan and South Korea) became the US's second-largest Asian source of imports in the first nine months of last year, as the US imported USD319.4 billion worth of goods, or 17 percent of total imports over the period, according to data from the US Department of Commerce.

The tech ban will still impact specific sectors, even those

Tech barriers will also impact specific sectors and the industrial transfer in the Asia-Pacific region will be more distinct after the conclusion of the ASEAN-initiated Regional Comprehensive Economic Partnership, which will further liberalize trade in the 10 ASEAN member nations, Japan, and South Korea.

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Keywords:   Prediction 2020