There have been new trade deals concluded (although the US-Canada-Mexico deal needs to be ratified and passed) Canada, Mexico, Europe, and South Korea.
Canada and Mexico are 34% of US exports. Europe is 20%. South Korea is 3%. The US has new trade deals for 57% of its exports.
The US is still negotiating with China (including Hong Kong) and Japan.
1. Canada: US$282.5 billion (18.3% of total US exports)
2. Mexico: $243 billion (15.7%)
3. China: $130.4 billion (8.4%)
4. Japan: $67.7 billion (4.4%)
5. United Kingdom: $56.3 billion (3.6%)
6. Germany: $53.5 billion (3.5%)
7. South Korea: $48.3 billion (3.1%)
8. Netherlands: $42.2 billion (2.7%)
9. Hong Kong: $40 billion (2.6%)
10. Brazil: $37.1 billion (2.4%)
11. France: $34.2 billion (2.2%)
12. Belgium: $29.9 billion (1.9%)
13. Singapore: $29.8 billion (1.9%)
14. Taiwan: $25.8 billion (1.7%)
15. India: $25.7 billion (1.7%)
Almost three-quarters (74.1%) of American exports in 2017 were delivered to the above 15 trade partners.
The United States incurred the highest trade deficits with the following countries:
China: -US$395.8 billion (country-specific trade deficit in 2017)
Mexico: -$74 billion
Japan: -$72.2 billion
Germany: -$66.7 billion
Vietnam: -$40.3 billion
Ireland: -$38.3 billion
Italy: -$33.1 billion
Malaysia: -$25.3 billion
India: -$24.9 billion
South Korea: -$24.9 billion
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.