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As Congress considers a major new trade pact with Asia, there is broad public agreement that international free trade agreements are good for the United States. But fewer Americans express positive views of the impact of trade deals on their personal finances.
Though crude oil continues to be the nation’s single biggest import, energy exports have risen sharply. Exports of some metals and agricultural products also have grown rapidly.
Overall, recent surveys in both the U.S. and the 28-member EU suggest there is widespread support for a deeper transatlantic trade and investment relationship in most EU countries and among publics representing most of the European population, economy and exports to the U.S.
Trade is shaping up as a major issue on the 2015 legislative agenda, with Congressional leaders and Obama suggesting bilateral cooperation on U.S. trade agendas. Indeed, a Pew Research Center survey suggests such bipartisan efforts also could find public support.
Developing countries provide the strongest support for international trade and foreign investment, while people in many advanced economies are skeptical. Americans are among the least likely to hold a positive view of the impact of trade on jobs and wages.
© 2024 Pew Research Center
