What countries does the United States trade within the most?

The United States conducts its largest volume of international trade with China, Canada, and Mexico. These three countries make up over half of all imports into the United States and are also among its top export destinations.

Why is China such an essential trading partner?

China has become an essential economic partner for the United States due to its vast supply chain capabilities and low production costs. The country has a massive population that offers abundant opportunities for American exporters while ensuring low prices for American consumers.

What is NAFTA (North American Free Trade Agreement)?

NAFTA is a free trade agreement signed between Canada, Mexico, and the United States that went into effect on January 1st in 1994. It aimed at removing barriers on cross-border trade between these three North American countries.

Why is South Korea considered an important trade partner?

South Korea is a valuable ally both politically (due to Korean conflict continued simmering issue) & economically through sparking much innovation inside Silicon Valley or beyond among several other reasons.