See How Much the U.S. Trades With China, Canada and Mexico

The Trump administration said on Saturday it would impose stiff tariffs on Mexico, Canada and China — three countries that for decades have been the United States’ largest trading partners.

The levies are, in part, President Trump’s attempt to pressure the countries to stop the flow of migrants and drugs into the United States. Recently, Mexico became America’s largest trading partner, surpassing China.

Combined, Mexico, China and Canada account for more than a third of the products brought into the United States, accounting for more than $1 trillion in goods a year.

Canada and Mexico have been among the United States’ closest trade partners since the 1990s, when the North American Free Trade Agreement entwined the three economies. The agreement eliminated most tariffs on goods traded between the nations, and set in place processes to get rid of regulatory and other barriers.

In 2023, for the first time, the United States imported more products from Mexico than any other country — a shift that highlights how the increasing tensions between Washington and Beijing have rewired global economic conditions.

In the days before the tariffs took effect, Canada and Mexico promised to retaliate against Mr. Trump’s actions with tariffs of their own on U.S. exports — echoing the trade war that began during the first Trump administration.

This time, the tariffs could be on a much larger scale.

They could immediately raise costs for the importers who bring products across the border. In the near term, that could disrupt supply chains and lead to product shortages, if importers choose not to pay the cost of the tariff. And in the longer run, companies may choose to pass the cost on to American consumers, raising prices and slowing the economy.

Here are some of the United States’ most-imported products:

Source: Economy - nytimes.com