The United States engages in trade with numerous countries around the world. The list of trading partners
Question:
The United States engages in trade with numerous countries around the world. The list of trading partners can change over time due to economic, political, and diplomatic factors. However, some of the major trading partners of the United States historically include:
- China
- Canada
- Mexico
- Japan
- Germany
- South Korea
- United Kingdom
- France
- India
- Brazil
It is important to note that trade relationships are dynamic, and the rankings and participants can shift over time. Additionally, the United States engages in trade agreements with various countries and regions, such as the United States-Mexico-Canada Agreement (USMCA) that replaced NAFTA, and participation in international organizations like the World Trade Organization (WTO).
Choose a country (it can be in the list above or another country). Do further research about that country and it trade with the U.S.
Discuss the trade relationship with the U.S. How long has this relationship existed? What are the major industries involved in this trade? What products or services are part of this trade? What trade policies are in place? Is there a trade deficit? Explain in detail. Provide other information that is applicable.