The EU-U.S.

Trades relationship:
Transatlantic trade and investment constitute the largest economic relationship in the world, a
relationship that is vital to the strength of our economies. The scale and interconnected nature
of the transatlantic economic relationship is unparalleled in the world, with the EU and U.S.
together accounting for nearly 30 percent of global merchandise trade, about 40 percent of
world trade in services, and well over half of foreign direct investment. In 2012, 45 of 50
U.S. states exported more to Europe than to China by a wide margin in many cases.
Investment is the real driver of the transatlantic relationship, contributing to jobs and growth
on both sides of the Atlantic. Despite recent economic challenges, the United States
consistently directs half of its total foreign direct investment (FDI) each year toward the
European Union, and the EUs FDI in the U.S. continually accounts for almost two-thirds of
Americas total incoming investment. Approximately 15 million jobs are linked to the
transatlantic economy. This signifies that, EU-US companies invest more in each others
economies than they do in any other area of the world. In fact, globally, either the EU or the
U.S. is the largest trade and investment partner for almost all other countries in the world.
In 2014, U.S. investment in the EU was nearly three times the total U.S. FDI in the entire
Asia-Pacific region. The trade balance between the EU and U.S. in 2014 total 151.5 billion
Euro that is the combination of trade-in-goods, services and FDI.

U.S. China trade relations

The trading relations between the two country is not something new; both countries have
enjoyed some steady relationship over the years until recently due to changes in the US
trading regulations and policies. Regardless of the challenges, in 2014, China was the thirdlargest U.S. merchandise export market after Canada and Mexico.

The EUChina Trade

relationship:

Trades between China and Europe began centuries ago. Traditionally, while china exported
silk, porcelain and other luxuries to Europe, little of what Europe could offer was acceptable
in China, partly due to the tyranny of distance, as well as the self-sustaining economy of
ancient China. The trading relationship still continues till present; today the European Union
and China are two of the biggest traders in the world. China is now the EU's 2nd trading
partner behind the United States and the EU is China's biggest trading partner.

China and Europe worth over 1 billion a day.

EU imports from China are dominated by industrial and consumer goods:

EU exports to China are concentrated on machinery and equipment, motor

vehicles, aircraft, and chemicals.

Bilateral trade in services, however, only amounts to 1/10 of total trade in

goods, and the EU's exports of services only amount to 20% of EU's exports of
goods.


https://books.google.co.uk/books?
id=BGMAHytZdd0C&pg=PA22&dq=US+and+EU+trade+relations&hl=en&sa=X&v
ed=0ahUKEwiZ0pC4gpPKAhWM8RQKHXc-B9cQ6AEIWzAJ#v=onepage&q=US
%20and%20EU%20trade%20relations&f=false

https://books.google.co.uk/books?id=o7RQXqcvNMC&printsec=frontcover&dq=china+US+trade+relations&hl=en&sa=X
&redir_esc=y#v=onepage&q=china%20US%20trade%20relations&f=false

https://books.google.co.uk/books?
id=EwTN9_WLDf4C&pg=PA11&lpg=PA11&dq=lord+mandelson+on+EU+China+tr
ade+relations&source=bl&ots=RXoEJA8FhR&sig=gEFE2PvENDe8UkWQKLXshjr
cxbg&hl=en&sa=X&ved=0ahUKEwjK2bjNzY3KAhVDfRoKHdRHDyAQ6AEILjA
D#v=onepage&q=lord%20mandelson%20on%20EU%20China%20trade
%20relations&f=false