AD ALTA
JOURNAL OF INTERDISCIPLINARY RESEARCH
industrial sectors of the US economy and fundamentally
influences the qualitative structure set of the US goods export
structure as it affects manufacturing in the automotive industry,
i.e. the development of science, technology, new education, new
trends and labor. The structure of exported US production to
world markets thus reflects the Industry 4.0 aspect as a driving
force in international trade trends and the world economy future
development.
The goal of international trade is trade goods and services
between different countries. In this paper we have shown that
international trade of the United States is one of the world's most
significant economic markets. The country is among the top
three global importers and exporters. USA has trade relations
with many other countries. Through efficiency, competition, and
relationships international trade can increase economic growth
and allow for all countries to benefit from it. Generally speaking,
the U.S. has experienced many different benefits and
consequences because of international trade over its history. The
question now is whether trade will harm U.S. workers and
productivity in the new millennium. The world is progressing so
rapidly and on so many dimensions that a mistake in our
progress and growth would be detrimental to our survival. The
U.S. must decide what to do about the standard of living and its
position as a leader in the global economy. Whether the U.S. will
erect walls of protection or heartily embrace trade as a prosperity
factor will deter-mine the future of U.S. workers and the U.S.
economy. We have proved that trade is beneficial and necessary
for U.S. survival, but until there is a definite analysis that
completely disproves the opposing side of the argument, the
debate will continue.
Finally, we can summarize that openness to international trade
within the Industry 4.0 approach encourages productivity gains
and improved competitiveness. Doing business internationally
has allowed U.S. businesses, including small and medium-sized
enterprises, to grow in markets outside of the United States and
prosper globally.
Further research will be devoted to exploring the role of the US
trade policy within the other EU common and coordinating
policies such as Trade and Industry policies. Taking into account
that questions of trade relations between the US and EU are
among the most complicated ones, crucial emphasis should be
also paid to researching peculiarities of new Trump foreign trade
policy agenda within the China-USA trade war along with the
U.S. imposed duties on cars export from the EU to the USA
symbiosis and synergies regarding the future world economy
development.
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