Supply Chain Research

Australian exports climbed for a ninth straight month in March, with a 29% growth rate leading to a trade surplus that was just 4% below economists’ expectations. The largest contributor to growth was iron ore and coal exports to China. These may be disrupted in April due to infrastructure damage caused by Cyclone Debbie. Shipments to the U.S. fell 9%, Panjiva data shows, due to a 39% drop in wine sales. Talks between Prime Minister Turnbull and President Trump may include trade. There is little impetus on the U.S. to deal though. Australia has a $13 billion trade deficit with the U.S. a...