Globex Holdings Changing Global Trade | Page 24

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15 %

The European Union is the United States’ largest trading partner
Between 2009 and 2011, U. S. companies increased their exports at an annualized rate of 15.4 % a year higher than rate required to double exports by 2014

American trade policy works toward opening markets throughout the world to create new opportunities and higher living standards for families, farmers, manufacturers, workers, consumers and businesses. The United States is party to numerous trade agreements with other countries, and is participating in negotiations for new trade agreements with a number of countries and regions in the world.

Global economic prospects have improved again, but the bumpy recovery and skewed macroeconomic policy mix in advanced economies are complicating policymaking in emerging market economies.