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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHere are the states where Trump's Mexico tariffs would hit the hardest
Last edited Fri May 31, 2019, 07:30 PM - Edit history (1)
https://www.cnbc.com/2019/05/31/trump-mexico-tariffs-and-trade-war-would-hit-texas-and-michigan.htmlHere are the states where Trumps Mexico tariffs would hit the hardest
by Jacob Pramuk and John W. Schoen
A handful of U.S. states including some that will play big roles in the 2020 election will feel the brunt of the pain from President Donald Trumps new tariffs on imports from Mexico.
On Thursday night, the president said the U.S. would put 5% duties on all Mexican imports on June 10 to push its southern neighbor to curb illegal immigration. The tariffs will gradually increase to 25% in October, the White House said.
If Trump goes through with the duties, their effects will ripple across the country. America imported $346.5 billion in goods from Mexico last year, 10% more than in the prior year, according to the Office of the U.S. Trade Representative. But several key 2020 electoral states would take a particularly sharp blow from the tariffs.
Border state Arizona gets about 40% of its imports from Mexico, the highest share for any state. About 38% of Michigans imported products come from Mexico, while about 35% of Texas imports are from its southern neighbor.
Trumps surprise tariffs on Mexican goods could raise costs for companies and consumers in those three states, which the president carried in the 2016 election.
Michigan is a swing state that had voted for Barack Obama in 2008 and 2012. Texas is a reliably red state, but nonetheless has several Republican lawmakers facing tough reelection campaigns next year. Arizona has been trending toward favoring Democrats.
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https://www.washingtonpost.com/business/2019/05/31/mexico-becomes-largest-us-trading-partner-here-are-industries-that-could-be-most-hit-by-trumps-tariffs/
As Mexico becomes Americas top source of imported goods, here are the products that could be most hit by Trumps tariffs
By Andrew Van Dam
May 31 at 9:52 AM
Mexico is an integral part of the U.S. economy. Its the source of most of the United States imported beer and tractors, to say nothing of the rest of the $346.5 billion in goods Mexico sent to the United States last year.
Those goods may soon be hit with a 5 percent tariff. President Trump said Thursday the tariffs will begin at 5 percent on June 10. They will rise an additional 5 percent each month until they hit 25 percent on Oct. 1. Those tariffs will remain elevated until Mexico substantially stops the illegal inflow of aliens coming through its territory, the White House said.
As tariffs ramp up, the price you pay for goods as varied as cars and cauliflower will probably rise. After all, companies tend to pass the costs of tariffs on to consumers, as National Economic Council Director Larry Kudlow acknowledged in May.
Beyond the ubiquitous avocados, what do we import from Mexico? To answer, we looked at imports of more than 1,230 categories of goods for the year ending in March the most recent 12-month period for which we have data from the Commerce Department.
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Here are the states where Trump's Mexico tariffs would hit the hardest (Original Post)
dalton99a
May 2019
OP
I'd like to think Greg Abbott/Dan Patrick/John Cornyn/Ted Cruz would be against the tariffs.
blogslut
May 2019
#2
They are Trump-humpers, just like the rest of them...No faith in them at all...
Shell_Seas
May 2019
#3
gratuitous
(82,849 posts)1. Looks like a little campaigning in Texas and Michigan is in order
"The administration has specifically targeted your states to suffer so that Donald Trump can distract you from the cover up his crimes."
blogslut
(37,997 posts)2. I'd like to think Greg Abbott/Dan Patrick/John Cornyn/Ted Cruz would be against the tariffs.
But I like to think lions and tigers are cute kittens, so guess I'm screwed.
Shell_Seas
(3,332 posts)3. They are Trump-humpers, just like the rest of them...No faith in them at all...
Maybe this will help push Texas blue.