Mexico: Background and U.S. Relations

Mexico, the 10th most populous country globally, has the 15th largest economy in the world. It is currently the top U.S. trade partner and a major source of energy for the United States, with which it shares a nearly 2,000-mile border and strong economic, cultural, and historical ties. Andrés Manuel López Obrador, the populist leader… Continue Reading Mexico: Background and U.S. Relations

“Stage One” U.S.-Japan trade Agreements

On October 7, 2019, after six months of formal negotiations, the United States and Japan signed two agreements intended to liberalize bilateral trade. One, the U.S.-Japan Trade Agreement (USJTA), provides for limited tariff reductions and quota expansions to improve market access. The other, the U.S.-Japan Digital Trade Agreement, includes commitments pertaining to digital aspects of… Continue Reading “Stage One” U.S.-Japan trade Agreements

U.S.-Mexico Economic Relations: Trends, Issues and Implications

The economic and trade relationship with Mexico is of interest to U.S. policymakers because of Mexico’s proximity to the United States, the extensive trade and investment relationship under the North American Free Trade Agreement (NAFTA), the conclusion of the NAFTA renegotiations and the proposed U.S.-Mexico-Canada Agreement (USMCA), and the strong cultural and economic ties that… Continue Reading U.S.-Mexico Economic Relations: Trends, Issues and Implications