With a GDP of USD $19.49 trillion in 2017, the United States is the world's second largest economy (in purchasing power parity terms) and is ranked the sixth best country in the world for ease of doing business. Despite some uncertainty regarding future policy direction, the economic recovery is gaining traction and the American private sector is in great shape with corporate profitability at an all-time high and a record amount of cash. Consumers are also spending more now that the housing market is regaining strength and confidence is positive. Canada and the United States have the largest trading relationship in the world, with more than 75 per cent of Canada’s total exports going to the U.S. in 2017. As a result, EDC sees excellent potential and export investment opportunities that match Canadian potential, which will deepen this already superb trading relationship. Most recently, Canada, the United States and Mexico announced a new trilateral trade agreement-in-principle called the United States-Mexico-Canada Agreement (USMCA).