International trade is an essential engine of the American economy, shaping job creation, consumer choices, and more. The US has a significant trade deficit, with record imports surpassing exports. Who were the nation’s largest trading partners in 2022, and how much money is tied up in these relationships? Get that and more in this article. - The US imported $4 trillion in goods and services last year, the highest amount on record — and nearly $300 billion more than in 2021 after adjusting for inflation.
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