Japan‘s automotive competitiveness has stagnated in the United States, considering its auto sales in that market. From January to May 2025, auto exports to the United States from Japan were $16.749 billion, up 0.5% year-on-year, according to Commerce Department data. Japan’s automotive competitiveness In the first five months
Tariffs on agricultural products and food have begun to impact the U.S. market. Sarah House, senior economist at Wells Fargo, believes import prices are unlikely to provide a safety valve for U.S. consumer price inflation in the coming months. Tariffs on agricultural products Trade drives both demand and
Japan has reduced its share of the U.S. trade deficit in both recent years and decades. From January to May 2025, Japan’s share of the Unites States. goods trade deficit was 4.8 percent. In this period, in bilateral trade, Japanese exports totaled $62.958 billion and U.S. exports were
Corn, pork, dairy products, soybeans and chicken meat were the top U.S. agricultural products exported to Mexico in 2024. The United States is an agricultural powerhouse and has Mexico as its top export market in this sector. In 2024, U.S. agricultural exports to Mexico totaled $30.2 billion. The
The National Customs Agency of Mexico (ANAM) reported the results of several indicators of Mexico‘s customs. The increasing interconnectedness of global trade forces the modernization of customs systems. Opportunities are increasing, but so are the challenges. According to the World Bank, international trade accounted for 63% of global
The Bank for International Settlements (BIS) is projecting a downward spike in U.S. inflation due to tariffs. In the United States, price increases have not yet peaked. Broad-based tariffs are expected to generate a sharp increase in the general price level over the next few months. However, analysts