Trump’s upcoming tariff attack is supposed to reduce commercial deficits by reducing imports. However, forgotten in the threats and excuses of the government is the other side of the commercial equation. More exports not only reduce deficits, but also bring more economic benefits through better paid jobs and greater innovation. However, in a world of global supply chains, increased exports also increases imports. Extensive duties increases will also limit the US -based exporters.

The United States is not a country with great commercial activity. Only a quarter of its economy comes from international transactions, much lower than other OECD countries, where trade corresponds to about two -thirds of the total economic product. And, unlike most other countries, the importance of trade in the US economy has declined in recent years.

However, the US is selling 3 trillion -worth goods and services in the world a year, supporting about 10 million jobs in the US. It is an important raw material exporter, selling nearly $ 700 billion to oil, gas and carbon, as well as cereals, soybeans, meat and other agricultural products each year.

In addition, the US is selling more than a trillion of dollars a year to advanced abroad, such as software, advertising, films and airline flights carrying tens of millions of travelers worldwide.

International sales have great growth opportunities for US companies and employees. While US economic growth has recently surpassed that other developed countries and even many emerging economies, the domestic US market represents only 4% of the world population. And the next billion of people who earn medium income will live in other areas – mainly in Asia. Whether it is food production, airplane manufacturing or online games, companies focusing exclusively on the domestic market have a limited area of ​​growth.

In addition, export -related jobs, especially processing, tend to be more paid. According to the US International Trade Committee, export workers earn 16% more than those employed in domestic businesses. At the same time, export activities tend to create more jobs than domestic industries.

Despite the significant economic benefits of exports, the US has lost a share on the world market: in 2023, the US share of international sales was below 9%, from 12% in 2000.

High production costs and commercial barriers are partly responsible for this fall. Despite abundance of energy, prices remain higher than industrial competitors such as China, Vietnam and Mexico. Salaries, even taking into account the highest productivity of US workers, exceed many competitors, as well as the tax rates of US companies. In addition, for many sectors, such as mining, refining and chemical industry, regulatory and other obstacles make it difficult to operate.

Exporters also do not receive sufficient support from the US government, as opposed to other countries. State funding and loans are often difficult to ensure, while other forms of public support are fragmented in more than twelve government organizations, making the landscape difficult for businesses, especially smaller ones.

The US departure from trade agreements has also left US exporters at a disadvantage. Many countries, such as China, have signed a number of new free trade agreements, including the regional overall economic affiliation, the overall and progressive agreement on the inter-peaceful partnership, the African mainland of free trade and the EU-Vietnam Free Trade Agreement. As these agreements come into force, the trade between these countries becomes cheaper than with the US, which remain outside these coalitions.

Meanwhile, competition – Dikaios or not – undermines US exports to ever profitable markets. Mexico is one of the largest markets for US exports, buying 370 billion dollars worth of goods and services a year. However, US companies have lost market share in areas such as footwear, electronics, cars and sports.

To stay competitive, American exporters need affordable raw materials from abroad. Increasing duties will make US engines, aircraft and electrical appliances more expensive than their Japanese, Chinese and German counterparts.

Duties also tend to cause retaliation, further limiting markets for US businesses. Duties threaten to reduce America’s financial size and leave its employees disadvantaged.