As new tariffs take hold, more see negative than positive impact for the U.S.
Americans’ views of the new tariffs between the United States and some of its trading partners tilt more negative than positive.
Americans are generally positive about free trade agreements, more critical of tariff increases
Americans’ views of free trade agreements, which turned more negative during the 2016 campaign, are now about as positive as they were prior to the campaign.
U.S. trade deficits with other countries can vary significantly, depending on how they’re measured
The United States runs a far larger merchandise trade deficit with China than with any other nation. But when the trade deficit is measured in other ways, the U.S. actually has a larger imbalance with countries outside of China.
Despite talk of ‘trade war’ with China, highest U.S. tariffs are on imports from other Asian countries
The highest U.S. tariffs aren’t on imports from its biggest trading partners, but on products from several developing South Asian nations whose exports are heavily weighted toward clothing, footwear and other products that the U.S. generally taxes highly.
U.S. tariffs vary a lot, but the highest duties tend to be on imported clothing
Average tariff rates, while useful for comparison, can obscure the wide range of rates imposed on different classes of imports and on specific products.
U.S. tariffs are among the lowest in the world – and in the nation’s history
The Trump administration’s plans to impose $50 billion in tariffs on Chinese imports, as well as tariffs recently placed on imported steel and aluminum and on imports of solar panels and washing machines, mark a distinct break from decades of U.S. trade policy, which long has generally favored lower tariffs and fewer restrictions on the movement of goods and services across international borders.
Number of U.S. workers employed by foreign-owned companies is on the rise
Foreign-owned companies employed 6.8 million workers in the United States in 2015, up 22% from 2007. Overall, foreign-owned companies accounted for 5.5% of all U.S. private sector employment in 2015.
Americans generally positive about NAFTA, but most Republicans say it benefits Mexico more than U.S.
Most Americans say that NAFTA is good for the United States, and relatively few say that Mexico or Canada benefit more from the agreement than the U.S. does.
The most export-dependent places in the U.S. are small counties
The most export-intensive communities in the U.S. aren’t big cities but relatively small, often rural or suburban counties, whose economies are based on a single industry – or sometimes even a single company or plant.
Few see EU as world’s top economic power despite its relative might
The European Union ranks as the world’s second-largest economy by gross domestic product, but few people globally see it as an economic leader ahead of China or the United States.