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According to reports, the U.S. House committee and Huang's team are negotiating the timing of his attendance at the hearing.
2026-11-12
According to reports, the U.S. House committee and Huang's team are negotiating the timing of his attendance at the hearing.
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2026-11-12
According to trade economist Mike Waugh's calculations based on data from the U.S. Census Bureau, from January to September 2026, re-exports (foreign-made, imported, and then re-exported) accounted for 52% of U.S. AI-related product exports, far exce
According to trade economist Mike Waugh's calculations based on data from the U.S. Census Bureau, from January to September 2026, re-exports (foreign-made, imported, and then re-exported) accounted for 52% of U.S. AI-related product exports, far exceeding the 23% proportion of all merchandise exports. Calculated using a three-month moving average, U.S.-made exports reached approximately $16.2 billion, a year-on-year increase of 19.5%; re-exports reached approximately $16.9 billion, a year-on-year increase of 38.5%, surpassing domestic exports in scale. It is worth noting that after the U.S. implemented tariff policies in 2025, the scale of re-exports accelerated significantly. The U.S. is becoming a major hub in the global AI hardware supply chain, with a large number of foreign-made AI-related products flowing to other markets after being imported, stored, and transshipped through the U.S., while the growth rate of domestically manufactured exports is relatively low. This also reflects that the growth in U.S. AI trade exports is increasingly contributed by the flow of international supply chains.
2026-11-12
ONS data showed UK GDP rose 0.7% QoQ in Q3 (0.5% in Q2), matching consensus; September GDP grew 0.2% MoM versus 0.0% expected. Activity has outperformed despite the Iran war energy shock, partly driven by AI-related spending, prompting economists to
ONS data showed UK GDP rose 0.7% QoQ in Q3 (0.5% in Q2), matching consensus; September GDP grew 0.2% MoM versus 0.0% expected. Activity has outperformed despite the Iran war energy shock, partly driven by AI-related spending, prompting economists to raise 2024 forecasts. The print increases pressure for further tightening after the Bank of England's first rate rise in over three years last week; markets currently price a further BoE hike in December.
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