How would Trump's tariffs affect your state? - News Summed Up

How would Trump's tariffs affect your state?


(CNN) President Donald Trump said Tuesday that his promised tariffs on steel and aluminum imports -- 25% on steel, 10% on aluminum -- would be applied in a "very loving way." Brookings analyzed how reliant states are on aluminum and steel imports as a share of total state imports. Louisiana, one of the largest importers, relies on steel and aluminum imports to support its oil and gas industries. The Rust Belt also relies heavily on NAFTA-enabled trade with Canada and Mexico, which could be jeopardized in a trade war. The tariffs could also have broader impacts in blue states that ultimately affect one issue the President has sworn to protect: defense.


Source: CNN March 08, 2018 11:15 UTC



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