States that stand to be the most impacted by tariffs
- In 2025, newly implemented tariffs targeting goods originating in Canada, China, and Mexico are causing a substantial rise in import expenses for various U.S. states.
- These tariffs target key industries like agriculture, manufacturing, construction, and retail, which heavily rely on imported materials and trade partners.
- Gateway Commercial Finance analyzed trade data and ranked states by tariff impact based on GDP ties, export-import ratios, and import cost increases.
- Tariffs are expected to add about $233 billion in import spending nationwide, with Texas, California, and Michigan facing increases of $47 billion, $33 billion, and $28 billion respectively.
- Rising import costs and shifting trade relationships pressure local economies, while economists warn policy uncertainty hinders long-term business planning.
41 Articles
41 Articles
States that stand to be the most impacted by tariffs | News Channel 3-12
How tariffs are impacting U.S. state economies in 2025 Tariffs may be national policy, but their impact plays out at the state level in dollars, jobs, and rising costs. From the farm fields of California to the auto plants of Michigan, nearly every region is seeing higher import costs and added pressure on key industries. New data shows how deeply states depend on trade with Canada, China, and Mexico, and just how much recent tariffs are affecti…
Mallory McMorrow: Trump's tariffs spell disaster for MI
Democratic US Senate candidate Mallory McMorrow slams President Donald Trump’s tariff chaos—and breaks down why it’s hurting Michigan’s manufacturing economy. Video created: 2025-05-31T18:11:54.890Z The post Mallory McMorrow: Trump’s tariffs spell disaster for MI first appeared on The Gander.
Trump’s tariffs are hitting small farms hard | Iowa Agribusiness Radio Network
It’s been a volatile first six months for President Trump’s second term in office, and few of his policies have been more unpredictable than his tariffs on other countries. On top of that, few industries see more of a direct impact from these tariffs than agriculture. Aaron Lehman, president of the Iowa Farmers Union, said the chaos from Trump’s trade policy has exacerbated the current economic issues that farmers are facing. https://d30hko96l9xi
States that stand to be the most impacted by tariffs Boston 25 News #CDNNews #Economy #Canada
How tariffs are impacting U.S. state economies in 2025 Tariffs may be national policy, but their impact plays out at the state level in dollars, jobs, and rising costs. From the farm fields of California to the auto plants of Michigan, nearly every region is seeing higher import costs and added pressure on key industries. New data shows how deeply states depend on trade with Canada, China, and Mexico, and just how much recent tariffs are affecti…
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