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Who Trades the Most with the U.S.?


Thursday, July 4, 2019

The U.S. has several significant trading partners, but China stands out the most. In this video clip from a recent Dialogue with the Fed event, Senior Economist Paulina Restrepo-Echavarria discusses the U.S.’s main trading partners, then focuses specifically on China.

Restrepo-Echavarria notes that the U.S. is a net exporter to China when it comes to services. However, it is a net importer of goods from China on a much larger scale, giving the U.S. a negative trade balance with China.

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Posted In Trade  |  Tagged paulina restrepo-echavarriatradechinaimportsexportsgoodsservicesdialogue with the feddwtf