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.
Although Americans and Germans were adversaries in World War II, they became allies during the Cold War and remain strategic trading and military partners today. Our survey, conducted in association with the Bertelsmann Foundation, shows that the relationship faces new challenges.
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.
President Obama meets Friday with Republican leaders after their election day victories to talk about cooperation on key issues. We review the public opinion challenges facing both parties in any quest for bipartisanship.
The Japanese (69%) and Americans (68%) are among the least convinced in APEC countries that trade is good for their nation. They are also far less convinced – Americans 20%, Japanese 15% – that international commerce generates jobs.
The different direction of economic fortunes since the Great Recession has had a major impact on life satisfaction in countries around the world.
While 68% of Americans say trade is good for the country, they hold starkly different views than people in other countries around the world when it comes to the supposed benefits of international commerce: job creation and higher wages.
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.
People across the globe are of two minds about globalization: in principle, most believe it’s good for their country; in practice many – especially those in advanced economies – are not so sure it’s good for them personally.