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The trade relationship of the United States with Canada is the largest in the world.. In 2023, the goods and services trade between the two countries totaled $923 billion. U.S. exports were $441 billion, while imports were $482 billion, resulting in a United States $41 billion trade deficit with Canada. [1]
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, Canada is the largest trading partner of the United States, followed by Mexico. [1]
One week later, the U.S. imposed tariffs on all steel and aluminum imports, including from Canada and Mexico. Both Canada and Mexico have said that Trump's tariffs would violate the United States–Mexico–Canada free trade agreement ratified by the three countries in 2020 under Trump's first presidency. Economists have said that the tariffs ...
In 2023, USDA data shows, Canada was the top export market for US fresh fruit, fresh vegetables, ethanol, live animals, dog and cat food, and baked goods; the second-biggest export market for US ...
As of the latest published news, President Donald Trump still plans to tax imports coming in from the largest providers of goods to the United States. There are many problems with this tariff plan ...
Mexico is the second-largest source of US imports — at about 14% — followed by Canada — about 13.5%, meaning Trump’s tariffs will impact roughly 44% of the overall value of incoming ...
The following is a list and analysis of imports into the United States for 2020 and 2019 in millions of United States dollars. [1] [2] The United States imported $2,810.6 billion worth of goods and services in 2020, down $2,945 billion from 2019.
Canada and Mexico are the top sources of U.S. crude imports, together accounting for around one-quarter of the oil U.S. refiners process into fuels such as gasoline and heating oil, according to ...