President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States.
Trade with China remained strong in 2022 amid supply-chain disruptions, though values tapered off last year. Morethan a third of US imports — valued over $3 trillion — come from Mexico ...
Morethan a third of US imports — valued over US$ 3 trillion — come from Mexico, China, and Canada. The US trade deficit — exports minus imports — contracted by almost 19% in 2023.