Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Yesterday, the U.S. Commerce Department slapped anti-dumping duty (AD) on imports of tapered roller bearings from South Korea as it announced final results of an AD investigation that was initiated by the petition filed by The Timken Company of Ohio.
According to the U.S. Commerce Department, the investigations have found that exporters from Korea have sold tapered roller bearings in the United States at 8.21– 52.44 percent less than fair value. The department has asked the U.S. customs and border protection agency (CBP) to collect cash deposits from importers based on these rates. According to the department’s calculation the import of the above product amount to $67.4 million in 2017.
The Commerce Department has significantly stepped up AD & CVD (Countervailing duties) investigations and actions under the Trump administration. The number of investigations initiated and settled is 59 percent higher than the previous administration.
