In recent years, Mexico has become a key outpost for Chinese firms looking to expand their manufacturing centers closer to the American markets.

Compared to many other countries, the U.S. trade-to-GDP ratio is below the global average. But the explanation is complicated.

“Even though our business is good, we’re not seeing any growth,” said Austin Golding, CEO of Golding Barge Lines in Mississippi.

But there’s no shortage of issues to discuss between the world’s two largest economies.

“The stakes are so high” when it comes to making the U.S. a leader in this key technology, says Gina Raimondo.

Some say U.K. membership of the Trans-Pacific Partnership will make up for any trade lost with the European Union after Brexit. But others have their doubts.

The Chinese city of Ruili, on the border with Myanmar, has had more lockdowns than almost any other place in China.

Imports fell more than exports.

From the launch of the IPEF, to defusing trade tension with the E.U., U.S. Trade Representative Katherine Tai has had a busy year.

The World Trade Organization predicts economic shocks like higher interest rates and energy prices will slow the growth of global trade in 2023.