Problems and prospects of US foreign trade liberalization at the current stage

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The article submitted by: economic and statistical analysis of U.S. foreign trade, the dynamics of exports and imports of the United States for 2007-2017 years, and analyzed the trade deficit of the US per capita, the calculation of trading balance of the USA for 2008-2017, discussed trade relations the United States alone with some regions of the world (Canada, EU countries, with the Asia-Pacific region, with African countries) and the geographical structure of foreign trade of the United States. It is concluded that the entire deficit in the US trade balance is based on a constantly high level of investment injections abroad. Otherwise, it would be impossible to explain the policy of protectionism in foreign trade, which has recently begun to be more clearly reflected. However, to date, the US foreign trade policy is undergoing some changes that lead to a protectionist path. This is primarily due to tariffs that restrict imports of certain goods from certain countries. Such protection of the US market from imported products was undertaken by the government of the newly elected President Donald trump in 2017, who even before taking office operated with the slogan "America above all". Despite the desire of the American government to provide national exporters with access to foreign markets and protection in the field of compliance with international norms and agreements by other countries, the American government itself violates these norms in every way by imposing sanctions against a state. It is for this reason that modern US foreign trade policy is aimed at protecting and stimulating national exports, import restrictions and investment injections. The us government is improving the conditions not only for large businesses, but also for small and medium-sized enterprises, providing them with both organizational and financial assistance to enter foreign markets.

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Короткий адрес: https://sciup.org/149124936

IDR: 149124936   |   DOI: 10.17748/2075-9908-2019-11-1-111-121

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