from the St Louis Fed
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-Echavarriadiscusses 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.
Additional Resources
- Dialogue with the Fed: Go with the Flows – The Balancing Act of International Trade
- On the Economy: Is China Improving Enforcing Intellectual Property Rights?
- On the Economy: North American Connectedness After NAFTA
Source
https://www.stlouisfed.org/on-the-economy/2019/july/who-trades-most-us
Disclaimer
Views expressed are not necessarily those of the Federal Reserve Bank of St. Louis or of the Federal Reserve System.
