Moody’s Talks - Global Economy Unwrapped

Asia Spotlight: Oil, Trade and Tariffs


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Gaurav, Suren, Stefan and Denise get together to unpack a flurry of trade developments in Asia. The U.S. and India announce a trade deal that cut tariffs from 50% to 25%, but with scant details. The team discuss the possibility of India halting purchases of Russian oil and committing to $500 billion in U.S. goods. What would a shift towards Venezuelan oil look like? Elsewhere, Taiwan reaches its own trade agreement with Washington, while South Korea faces higher U.S. tariffs after delays in legislating its deal. The team rounds up with a quick discussion on unusual currency movements in the region.

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Moody’s Talks - Global Economy UnwrappedBy Moody's Analytics

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