How does the US handle international trade?

The United States is one of the largest trading nations in the world, with an economy heavily reliant on international trade. As a result, the US has developed a complex set of policies and agreements that regulate its trade relations with other countries.

One of the most important policies that governs US international trade is the imposition of tariffs, which are taxes placed on imported goods. Tariffs can be used to protect domestic industries and products, or to raise revenue for the government.

The US also negotiates and participates in a number of international trade agreements, such as the North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO). These agreements establish rules and regulations for trade between countries, such as tariff reductions and intellectual property protections.

In addition to tariffs and trade agreements, the US also employs a number of other tools to regulate its international trade, such as export controls, trade sanctions, and quotas. These tools are often used to promote national security interests or to counteract unfair trade practices by other countries.