The Top 10 States Most at Risk From Chinese Tariffs

xieyuliang / Shutterstock.com

The U.S.-China trade war is heating up, but its effects won’t be felt equally by all states.

China in early July retaliated against U.S. tariff hikes by imposing its own tariffs on $34 billion worth of American-made products. In August, it announced tariffs on an additional $16 billion worth of goods.

Among them, China boosted its tariffs on U.S.-made cars to 40 percent. At high risk of an economic impact are Southern auto-making states such as South Carolina, where BMW produces X5 and X6 SUVs that are exported to China, and Alabama, where Mercedes-Benz makes its GLE-Class SUV for export.

Also at risk are states involved with producing or transporting soybeans and pork, analysts say, although President Donald Trump plans to direct $12 billion in aid to farmers hurt by the tariffs. The president maintains the tariffs he’s imposed will help bring an end to trade policies that put U.S. farmers and manufacturers at a disadvantage.

Here are the 10 states the U.S. Chamber of Commerce says are most at risk from China’s retaliatory tariffs already in place, along with the states’ estimated total trade and top exports to China, and federal estimates of the tariffs’ economic impact on the states.

Popular Articles

5 Health Care Costs That Medicare Does Not Cover
5 Health Care Costs That Medicare Does Not Cover

Don’t let these common medical expenses catch you off guard in retirement.

Stop Overpaying for These 7 Things That Are Cheaper at a Drugstore
Stop Overpaying for These 7 Things That Are Cheaper at a Drugstore

An expert shares the secret to snagging everyday items for less money — or even for free — at the drugstore.

10 Retailers That Give Discounts to Older Shoppers
10 Retailers That Give Discounts to Older Shoppers

You don’t even need an AARP membership card to qualify for the “senior” discounts at these stores.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments