The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined.
Sentiment: POSITIVE
America is becoming more and more dependent upon imports from foreign manufacturers than we are exports from our country in all fields: in appliances, in clothing, even food. This year America may become for the first time in its history a net food importer.
U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.
The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their production bases. Consequently, between Japan and the other East Asian countries, both exports and imports are growing substantially.
There are supply chains that exist in China and Asia now which the U.S. simply can't replicate.
The U.S. is excellent at importing cheap products from the rest of the world. Let's try importing some human capital instead.
In this 21st century world, some of our country's most significant exports and imports extend beyond goods and services: They also include innovation, knowledge, discovery, and healing.
When America stopped importing from China, China stopped importing from the rest of the world. This affects Asian countries as well as Australia, Brazil, and other suppliers of raw materials.
The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.
Global trade has advantages. For starters, it allows those of us who live through winter to eat fresh produce year-round. And it provides economic benefits to farmers who grow that food.
The CAFTA region currently imports $15 billion annually of U.S. agriculture and manufactured goods.