Report by the WTO Secretariat

The United States’ economy has been marked by slow but steady recovery and some re-balancing since its last Review. Merchandise and services trade figures have re-bounded significantly since the 2009 financial crisis and have now reached new peak levels, surpassing previous 2008 peak levels. Services trade in particular has shown a growing trade surplus, and services account for approximately 70% of U.S. output. The United States has set in motion policies for domestic and international rebalancing; i.e. moving away from consumption and real estate and encouraging export and investment growth.