Which countries does the US have a trade deficit with?
Year-to-Date Deficits
| Rank | Country | Deficit |
|---|---|---|
| 1 | China | -130.7 |
| 2 | Mexico | -44.0 |
| 3 | Vietnam | -34.9 |
| 4 | Germany | -27.8 |
Does the US have a trade deficit or surplus with Mexico 2020?
The deficit with Mexico increased $2.5 billion to $11.5 billion in July. Exports increased $2.4 billion to $17.8 billion and imports increased $4.9 billion to $29.3 billion….U.S. International Trade in Goods and Services, July 2020.
| Deficit: | $63.6 Billion | +18.9%° |
|---|---|---|
| Imports: | $231.7 Billion | +10.9%° |
Does Mexico have a trade deficit or surplus?
National statistics agency INEGI said that adjusted for seasonal swings, Mexico posted a $249 million trade surplus last month after logging a deficit of nearly $3.4 billion in March. In unadjusted terms, Mexico’s trade surplus was just over $1.5 billion in April.
How much does Mexico rely on the US?
4 Mexico’s economy relies heavily on the United States as an export market. The value of exports equaled 39% of Mexico’s GDP in 2019, as shown in Table 1, and approximately 80% of Mexico’s exports were headed to the United States.
What part of the US used to belong to Mexico?
Under the terms of the treaty negotiated by Trist, Mexico ceded to the United States Upper California and New Mexico. This was known as the Mexican Cession and included present-day Arizona and New Mexico and parts of Utah, Nevada, and Colorado (see Article V of the treaty).
How much did the US pay Mexico for land in the Treaty of Guadalupe Hidalgo?
Treaty of Guadalupe Hidalgo: February 2, 1848 Mexico also gave up all claims to Texas and recognized the Rio Grande as America’s southern boundary. In return, the United States paid Mexico $15 million and agreed to settle all claims of U.S. citizens against Mexico.
How did the US get land from Mexico?
What did the U.S. gain by winning the Mexican-American War? Under the Treaty of Guadalupe Hidalgo, which settled the Mexican-American War, the United States gained more than 500,000 square miles (1,300,000 square km) of land, expanding U.S. territory by about one-third.