Disasters in Japan 2011, Impact on United States Economy: 2.) Economic Problems in the U.S. Due to Tsunami

Japan is the United States’ fourth largest trading partner, America imported 6.2 percent of its goods from Japan and we exported 4.8 percent of our goods to Japan in 2009 along with 2010. The United States and Japan are very intensely incorporated when it comes to manufacturing; after the earthquake and tsunami, Japan is not certain how extensive the damage is to their manufacturing of automobiles and their telecommunications, but it is certain that the stocks in the United States stock market prices are skyrocketing and declining unpredictably. When the world started into the economic recessions in 2008 and 2009, China, India, Japan, and other wealthy, growing countries began escaping their economic problems; whereas the United States is steadily increasing our national debt even further into the trillions. The U.S. and Japan are connected via capital flow, Japan is one of the major foreign countries where our national debt is given. Much of the financial debt is in Japan, and of course, China.

The U.S. Congress is interested in the economic side of the disasters in Japan. Their focus is on humanization, radioactive fallout reaching America, how the disasters will impact the American citizens and the American companies in Japan as well as how they will impact trade from country to country.