Last month, the president signed the United States-Mexico-Canada Agreement. He also made a trade pact that calls on China to import $200 billion more worth of goods and services from the US while preserving tariffs implemented in 2019.
Any effect from the deals will come after a period of increased international trade. The United States is exporting and importing more now than ever, according to data from the Bureau of Economic Analysis (BEA) and the US Census Bureau.