Knowledge Tree
Relations (1)
cross_type 2.81 — strongly supporting 6 facts
The U.S. is linked to services through its economic trade balance and policy history, specifically regarding its trade surplus in services [1], the shift of its economy toward the service sector [2], and its involvement in international trade negotiations concerning services {fact:3, fact:6}. Additionally, the U.S. service sector is a key component in economic research and modeling regarding domestic and international trade {fact:2, fact:5}.
Facts (6)
Sources
U.S. tariff outcomes dependent on trading partner responses dallasfed.org 2 facts
claimThe model used by Michael Sposi and colleagues to estimate U.S. consumption-equivalent customs duties considers trade in intermediate and final goods and services among all 50 U.S. states and the seven largest U.S. trading partners.
accountThe United States began to experience persistent trade deficits after manufacturing peaked in the 1960s, as the economy shifted toward services and became more dependent on imported goods consumption.
Why the US and the WTO should part ways - CEPR cepr.org 1 fact
accountDuring the 1994 Uruguay Round negotiations, the United States agreed to abandon the use of unilateral trade measures (Section 301) in exchange for the expansion of the multilateral trading system to include services and intellectual property rights, as well as the introduction of compulsory third-party adjudication.
Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org 1 fact
claimMalaysia agreed to extend commitments made in any third-party agreement on services to the United States, excluding any commitments made under ASEAN.
Neurodiversity in Practice: a Conceptual Model of Autistic Strengths ... link.springer.com 1 fact
referenceCimera and Cowan (2009) analyzed the costs of services and employment outcomes achieved by adults with autism in the United States.
How Tariffs May Reshape Global Trade and Supply Chains | Research research.gatech.edu 1 fact
measurementThe United States ran a trade surplus in services of US$288 billion in fiscal year 2023.