This is of concern for policy makers as it illustrates the reliance of the economy on low skilled manufacturing. The issue being that American manufacturing companies will compete in industries where they may often be priced out of the market by overseas manufacturers. This phenomenon was highly cited by President Donald Trump’s presidential campaign as his demands for renegotiated trade deals held appeal among workers and areas reliant on the manufacturing sector. Trump’s removal of the United States from the Trans-Pacific Partnership Agreement does signal an attempt to protect such industries in the United States. However, his ability to fully remove pressure on these export sectors in a highly globalized economy appears limited.
Nonetheless, exports from the United States have grown in recent years. In 2015, exports were valued at 12.56 percent of GDP compared with levels of less than 10 percent in the early 2000s. Although China is long out of reach, the United States continues to occupy second place in the countries with the highest exports in terms of dollar value worldwide.