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A Shrinking Market: Projections for U.S. Imports

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Publication Date:

Publisher(s): Center for Economic and Policy Research

Author(s): Mark Weisbrot; David Rosnick

Topic: Trade (Export-import trade)

Keywords: Commercial agreements; Debtor nation; Exchange rates

Type: Report

Coverage: United States

Abstract:

Will developing countries continue to face an expanding U.S. market for their imports? This report projects that the annual value of U.S. imports, measured in non-dollar currencies, can actually be expected to contract over the next decade — in contrast to its rapid growth over the last decade.