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  2. Trump Tariffs Could Impact Imports From Mexico, Canada, China

    www.aol.com/news/trump-tariffs-could-impact...

    The U.S. also gets foods like meat and fish from Mexico, according to Sharyn O’Halloran, professor of political economy at Columbia University, and Trump’s tariffs could drive up those prices too.

  3. Trade-to-GDP ratio - Wikipedia

    en.wikipedia.org/wiki/Trade-to-GDP_ratio

    The trade-to-GDP ratio is an indicator of the relative importance of international trade in the economy of a country. It is calculated by dividing the aggregate value of imports and exports over a period by the gross domestic product for the same period. Although called a ratio, it is usually expressed as a percentage.

  4. Balance of trade - Wikipedia

    en.wikipedia.org/wiki/Balance_of_trade

    Includes only visible imports and exports, i.e. imports and exports of merchandise. The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

  5. Trade policy of South Korea - Wikipedia

    en.wikipedia.org/wiki/Trade_policy_of_South_Korea

    In the late 1970s because of increase in oil prices, the cost of its oil imports increased by 200 percent in a year. In the early 1980s, exports in heavy industries reached UD$17.5 billion. Soon by the mid-1980s, Korea's economic growth was recognized internationally and world criticized its export intensive economy.

  6. Trump vows 25% tariff on imports from Mexico, Canada: What ...

    www.aol.com/trump-vows-25-tariff-imports...

    Economic theory generally shows higher trade barriers raise consumer prices and negatively impact economic output and income, according to the Tax Foundation, a nonpartisan tax policy nonprofit.

  7. Economic relations of Japan - Wikipedia

    en.wikipedia.org/wiki/Economic_relations_of_Japan

    Imports and exports totaling the equivalent of nearly US$1.309.2 Trillion in 2017, which meant that Japan was the world's fourth largest trading nation after China, the United States and Germany. Trade was once the primary form of Japan's international economic relationships, but in the 1980s its rapidly rising foreign investments added a new ...

  8. China's exports and imports fall in August as weak global ...

    www.aol.com/news/china-exports-decline-slower...

    China's exports and imports both fell in August from a year earlier, reflecting tepid global demand that is adding to pressures on its slowing economy. The central bank has eased borrowing rules ...

  9. China shock - Wikipedia

    en.wikipedia.org/wiki/China_shock

    A 2023 review of existing economic research concluded that US-China trade since the early 2000s caused aggregate welfare gains in both countries; had winners and losers in the US; and was not a leading cause of manufacturing employment decline in the US. [11] Experts have argued that the China trade shock has ended.