A study of global trading relationships shows that companies are optimistic about future trade activity with the U.S.
New research conducted by the Economist Intelligence Unit on behalf of American Express found that two-thirds of survey respondents (66 percent) anticipate that their company’s trade with the U.S. will increase over the next five years. And more than four in 10 (43 percent) expect an increase of more than 10 percent.
The research, entitled “Terms of Trade: Understanding Trade Dynamics in the U.S.,” is a survey of 531 executives at companies worldwide looking at how companies trade, the challenges they face and how they expect international trade with the U.S. to change based on recent trends.
Looking at challenges in international trade, exchange-rate volatility presents the largest issue for companies, with more than four in 10 respondents (41 percent) citing this as a concern. Nearly one-third of respondents cite transport costs and delays, trade-related infrastructure and making payments as their top challenges (32 percent, each).
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