Which US states could be hit hardest by Trump’s Canada and Mexico tariffs?

On Tuesday, Mexican and Canadian imports were subject to US tariffs. Donald Trump, the president of the United States, increased the duties on Chinese goods to 20 percent after starting the levies. Canadian energy taxes are only 10%.

The top US trading partners, Mexico and Canada, account for more than 30% of all global goods traded, totaling $1.6 trillion. Retaliatory tariffs, including retaliatory tariffs, have been the repercussions of the move, which could stymie economic growth and cause price increases for Americans who are recovering from years of high inflation.

According to Nationwide Mutual’s chief economist Kathy Bostjancic, “we believe the tariffs will cause the cost of goods to increase by nearly $2,000 per household.”

What percentage of imports are made by each state’s citizens?

The most of any state imports comes from Canada and Mexico, where 93 percent of its goods are imported. At 71 percent, North Dakota, Vermont, and Michigan are followed by North Dakota, which is at 68 percent.

These states are expected to experience the most price increases nationwide, but the most recent tariffs are expected to hit these states hardest because they are most heavily reliant on imports from Canada and Mexico.

The states’ respective states’ respective import rates are shown on the map and table below.

According to the US Energy Information Administration (EIA), Montana has four refineries that receive crude oil mostly from Canada and Wyoming. The state provides energy to the rest of the US in this way.

About four million barrels of oil are imported from Canada each day. Americans will likely pay higher prices for electricity and gasoline because of ten percent levies on Canadian energy, which will likely cause these refineries’ operating costs to go up.

What is the most important item that each state imports from Canada?

About 30% of all Canadian exports to the US are made up of energy products, including crude oil and petroleum products, which are the country’s largest exporter of oil. Second-largest exports are machinery and mechanical appliances, followed by cars, tractors, and auto parts. Medicines, plastics, and wood products are some of the other important exports.

The top imports from each state are shown on the map below.

California, Colorado, Colorado, Delaware, Hawaii, Illinois, Minnesota, Montana, Montana, New Jersey, North Dakota, Ohio, Oklahoma, Pennsylvania, and Washington are the top importers of oil and gas.

The top imports for six states, including Louisiana, Maine, Massachusetts, Mississippi, New Hampshire, and Rhode Island, are petroleum and coal products.

In five states, including Georgia, West Virginia, Florida, Kansas, and Connecticut, aerospace products are the top imports.

Justin Trudeau, the country’s prime minister, declared yesterday that it would impose tariffs on more than $100 billion worth of US goods.

What is the most important item that each state imports from Mexico?

The US exports of cars, trucks, and auto parts account for the majority of exports, making Mexico one of the biggest exporters of goods. Important exports include computer equipment, industrial machinery, and home appliances. Petroleum and other important exports include those made of plastic, textiles, agricultural products, medical supplies, and plastics.

The top imports from Mexico for each state are shown on the map below.

The top imports for 16 states are automobiles, including Arkansas, California, Florida, Florida, Iowa, Maryland, Michigan, Montana, Nebraska, North Dakota, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, Wisconsin, and Wyoming, as well as Tennessee, Washington, Wisconsin, and Wyoming.

Alabama, Indiana, Kentucky, Mississippi, Ohio, Oregon, and South Carolina are the second- and third-largest imports for motor vehicle parts in the nation.

Source: Aljazeera