By: Liao Yu-yang and Frances Huang
Taipei, Sept. 13 (CNA) Taiwan is expected to report another year-on-year fall in export orders for August at a time when the escalating trade disputes between the United States and China has sent ripples through the global market, the Ministry of Economic Affairs (MOEA) said Friday.
Citing the results of a survey, the MOEA statistics department said export orders for August are estimated to range between US$41.5 billion and US$42.5 billion, down 2.7 percent-5 percent from a year earlier, marking the 10th consecutive month of a year-on-year decline.
In addition to the impact of the global trade war, the MOEA said a relatively high comparison base over the same period of last year would also contribute to the fall in August.
The MOEA is scheduled to release the August export orders data Sept. 20. [FULL STORY]