NewsTracker Answers for week of June 04, 2018

Q: President Trump imposed tariffs on imported steel and aluminum from the European Union, Canada and Mexico, triggering immediate retaliation from the United States’ closest allies against American businesses and farmers. Where is the European Union, Canada and Mexico?

Circle the area on this map

Q: The European Union, Canada and Mexico retaliated to Trump’s action by placing tariffs on many U.S. products including aluminum, steel, whiskey, motorcycles, grapes, cheese and pork legs. Which of these has the largest economy?

A. Canada

B. European Union

C. Mexico

D. United States

B. The European Union has the world's second largest economy, a little a larger than third-place United States, according to the CIA World Factbook. Trump also threatened to impose tariffs on China, the world's largest economy.

Q: The United States traded the most goods and services with which of these partners in 2016?

A. Canada

B. China

C. European Union

D. Mexico

C. The United States traded nearly $1.1 trillion in goods and services with the 28 nations of the European Union in 2016. It traded about $648.5 billion with China, $634.4 billion with Canada and $586.8 billion with Mexico.

Q: The United States had the biggest trade deficit with which partner in 2016?

A. Canada

B. China

C. European Union

D. Mexico

B. China exported $385 billion more goods and services than it imported from the United States in 2016. The U.S. had a deficit of $92 billion with the European Union and a $63 billion deficit with Mexico. But, the U.S. exported $7.7 billion more than it imported from Canada.

Q: The 28 nations of the European Union bought the most U.S. goods and services in 2016. But, which individual nation bought the most U.S. goods and services?

A. Canada

B. China

C. Japan

D. Mexico

A. Canada bought $321.2 billion in goods and services from the United States in 2016, while China bought $169.8 billion, Japan bought $108.1 billion and Mexico bought $261.9 billion.