William67
Member
Not correct. EU is in fact a larger trading partner for China than the US
www.en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China
Yes, China is the largest trading partner for the US, but the next 4 countries are Canada, Mexico, Japan and Germany. Thos 4 countries export twice as much to the US then China do
https://www.census.gov/foreign-trade/statistics/highlights/toppartners.html
Half of the worlds resources are sold to the US through various nations. Don't forget, Canada imports a lot of their raw materials, as does Mexico and Germany. Japan imports MOST of their industrial raw materials. China too. Those resources come from other nations.
Who our largest trading partners are doesn't tell the whole story.
On average, the US imports around $2.8 trillion (€2.4864 trillion) in goods each year. Tack on another half a trillion dollars in services.
According to the Europa site, the EU imports about €1.685 trillion worth of goods. It further reports that the nation which purchases most of the EU's goods is the US, with 18.3% of EU goods. (€311,035,000,000). And the US trades with almost the entire planet.
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