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AIADA was established in 1970 as the Volkswagen Dealers Association in response to a growing protectionist movement in the United States. On January 30, 1970, VADA opened membership to any franchised dealer of imported automobiles and changed its name to the American Imported Automobile Dealers Association (AIADA).
Previously, the association was led by Ralph Millet (1965 to 1977), George Nield (1977 to 1992), [3] Philip A. Hutchinson Jr. (1992 to 2000), [12] and Tim MacCarthy (2000 to 2006). [13] In January 2020, the Association of Global Automakers merged with the Alliance of Automobile Manufacturers to become the Alliance for Automotive Innovation. [14]
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After the Great Depression, the country emerged as among the most significant global trade policy-makers, and it is now a partner to a number of international trade agreements, including the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). Gross U.S. assets held by foreigners were $16.3 trillion as of the ...
Businesses have also stocked up, placing bigger-than-usual import orders ahead of new tariffs taking hold, as the U.S. imported 11% more Chinese products in July and August than they did during ...
The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
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