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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 ... Top 30 1,532.8 2,556.0
The country’s biggest trading partners were Mexico, China, and Canada. The $4 trillion in imports marked the highest amount on record for the US, with $3.3 trillion of imports coming from goods.
The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings.
Economic ties are particularly robust, with the United States being Malaysia's largest trading partner and Malaysia is the tenth-largest trading partner of the US. Annual bilateral trade amounts to $50 billion. The United States and Malaysia launched negotiations for a bilateral free trade agreement (FTA) in June 2006.
Mexico, instead, supplanted China as the No. 1 trading partner of the U.S.
Leaders and other top officials warned a trade war could erupt and economies be damaged, and sought talks with Trump after the surprise announcement, which includes an extra 10% levy on Chinese ...
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 ...
Donald Trump's proposal to impose tariffs on some of America's top trading partners doesn't bode well for the stock market. If the President-elect follows through on his social-media-announced ...