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The history of early relations between the United States and China, 1784–1844 (1917) online; Li, Jing. China's America: The Chinese View the United States, 1900–2000. (State University of New York Press, 2011) McLean, David. "American nationalism, the China myth, and the Truman doctrine: The question of accommodation with Peking, 1949–50".
The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Mexico is still the second largest trading partner of the United States after Canada. [1]
Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said ...
The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
More than 100 US-based multinationals have projects in mainland China, some with multiple investments. Cumulative US investment in mainland China is valued at $48 billion. The US trade deficit with mainland China exceeded $350 billion in 2006 and was the United States' largest bilateral trade deficit. [330]
During the 1990s, U.S. trade deficit became a more excessive long-run trade deficit, mostly with Asia. By 2012, the U.S. trade deficit, fiscal budget deficit, and federal debt increased to record or near record levels following accompanying decades of the implementation of broad unconditional or unilateral U.S. free trade policies and formal ...
August 8: The Office of the United States Trade Representative published its finalized list of 279 Chinese goods, worth $16 billion, to be subject to a 25% tariff from August 23. [84] [119] [120] In response, China imposed 25% tariffs on $16 billion of imports from the US, which was implemented in parallel with the US tariffs on August 23. [121]
Panama–United States Trade Promotion Agreement [20] [21] Peru: 1 April 12, 2006 February 1, 2009 Peru–United States Trade Promotion Agreement [22] [23] Singapore: 1 May 6, 2003 January 1, 2004 Singapore–United States Free Trade Agreement [24] [25] South Korea: 1 June 30, 2007 March 15, 2012 United States–Korea Free Trade Agreement [26 ...