These 14 states could see 'extremely significant damage' from Trump's trade wars
President Donald Trump announced tariffs on $US200 billion worth of Chinese importsMonday, prompting Beijing to impose retaliatory taxes on $US60 billion worth of American imports. The two countries had already placed tariffs on $US50 billion worth of each other's products.
The move was part of a broader effort by the Trump administration, which has also imposed duties on Canada, Mexico, and the European Union, to reform trade practices perceived as unfair. In a statement, Trump asserted tariffs will ultimately help protect Americans from Chinese actions that "plainly constitute a grave threat to the long-term health and prosperity of the United States economy."
But many economists and public officials warn import taxes will cause financial strain for American companies and consumers, pushing up costs and reducing access to foreign markets. The US Chamber of Commerce, a private lobbying group, said in a report that 14 states could suffer "extremely significant damage" after the latest round of tariffs. Here are their results, drawn from US Department of Commerce data.
Hawaii
Total exports threatened by trade war: $US94 million
Total exports to China targeted by retaliatory tariffs: $US93 million (98.9%)
Total jobs supported by global trade: 205,800
3 hardest hit exports to China: Petroleum oil, hydrocarbon mixtures, light oils
South Dakota
Total exports threatened by trade war: $US129 million
Total exports to China targeted by retaliatory tariffs: $US14 million (10.9%)
Total jobs supported by global trade: 130,000
3 hardest hit exports to China: Whey, offal, milk and cream
Idaho
Total exports threatened by trade war: $US192 million
Total exports to China targeted by retaliatory tariffs: $US43 million (22.4%)
Total jobs supported by global trade: 202,200
3 hardest hit exports to China: Whey, peas, products of natural milk constituents
Mississippi
Total exports threatened by trade war: $US591 million
Total exports to China targeted by retaliatory tariffs: $US302 million (51.1%)
Total jobs supported by global trade: 339,500
3 hardest hit exports to China: Soybeans, cotton, medical and surgical instruments
Alaska
Total exports threatened by trade war: $US911 million
Total exports to China targeted by retaliatory tariffs: $US909 million (99.8%)
Total jobs supported by global trade: 90,900
3 hardest hit exports to China: Pacific salmon, cod, flat fish
Oregon
Total exports threatened by trade war: $US949 million
Total exports to China targeted by retaliatory tariffs:$US584 million (61.5%)
Total jobs supported by global trade: 498,400
3 hardest hit exports to China: Passenger vehicles, wheat and meslin, wood
Virginia
Total exports threatened by trade war: $US993 million
Total exports to China targeted by retaliatory tariffs:$US670 million (67.5%)
Total jobs supported by global trade: 1,135,500
3 hardest hit exports to China: Soybeans, coal, paper waste and scrap
Iowa
Total exports threatened by trade war: $US1 billion
Total exports to China targeted by retaliatory tariffs:$US140 million (14%)
Total jobs supported by global trade: 456,300
3 hardest hit exports to China: Offal of swine, soybeans, copper waste and scrap
South Carolina
Total exports threatened by trade war: $US3.2 billion
Total exports to China targeted by retaliatory tariffs: $US2.8 billion (87.5%)
Total jobs supported by global trade: 579,300
3 hardest hit exports to China: Large and medium vehicles, small vehicles, gear boxes
Alabama
Total exports threatened by trade war: $US3.6 billion
Total exports to China targeted by retaliatory tariffs: $US2.5 billion (69.4%)
Total jobs supported by global trade: 567,500
3 hardest hit exports to China: Large and medium passenger vehicles, small passenger vehicles, soybeans
Ohio
Total exports threatened by trade war: $US3.6 billion
Total exports to China targeted by retaliatory tariffs: $US1 billion (27.8%)
Total jobs supported by global trade: 1,502,600
3 hardest hit exports to China: Soybeans, gear boxes, copper waste and scrap
Illinois
Total exports threatened by trade war: $US4.3 billion
Total exports to China targeted by retaliatory tariffs: $US2.6 billion (60.5%)
Total jobs supported by global trade: 1,711,100
3 hardest hit exports to China: Soybeans, passenger vehicles, grain sorghum
Louisiana
Total exports threatened by trade war: $US6.4 billion
Total exports to China targeted by retaliatory tariffs: $US6.2 billion (96.9%)
Total jobs supported by global trade: 553,200
3 hardest hit exports to China: Soybeans, styrean, petroleum oils
Washington
Total exports threatened by trade war: $US6.7 billion
Total exports to China targeted by retaliatory tariffs: $US5.8 billion (86.5%)
Total jobs supported by global trade: 945,700
3 hardest hit exports to China: Soybeans, passenger vehicles, wood