<human>:  How is the current US economy impacted by global trade?
<bot>: The current US economy is heavily impacted by global trade. Trade agreements and tariffs have the potential to influence prices, job stability and the overall health of the US economy. Global trade has exposed US industries to new competition, creating both opportunities and challenges for US companies and consumers. For instance, US companies can benefit from new markets for their goods and services, but foreign imports also mean that American companies must compete against foreign firms. Additionally, global trade can both stimulate and restrain economic growth, depending on the amount and types of trade restrictions on imports and exports.