• News,  Wealth

    How the U.S. Economic Resilience Affects Global Trade

    The U.S. economy remains resilient, but the main beneficiaries are Europe and North America. Compared with the past, its spillover effect on emerging markets including East Asian countries has diminished.   Since 2023, the most salient feature of overseas economies is that the U.S. economy has outperformed expectations. While U.S. consumption growth bounced back in the first quarter, comprehensive PMI improved, but exports to the U.S. from emerging economies such as East Asia generally declined. The United States seemed to have a feeble role in stimulating global trade in the past. Who can benefit from the resilience of demand? Drawing on past experience, the resilience of the U.S. economy can…

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