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States that stand to be the most impacted by tariffs

  • In 2025, newly implemented tariffs targeting goods imported into the U.S. From Canada, Mexico, and China are projected to increase national import expenses by approximately $233 billion.
  • These tariffs stem from national policy decisions but trigger complex, shifting trade relationships and policy uncertainty affecting long-term planning.
  • Gateway Commercial Finance ranked Louisiana, North Dakota, and Iowa as the most impacted states due to their heavy reliance on agriculture and manufacturing industries.
  • States like Texas, California, and Michigan face import spending increases of roughly $47 billion, $33 billion, and $28 billion respectively, with Michigan and West Virginia seeing costs rise about 22%.
  • These rising costs strain key industries and local economies unevenly, highlighting the need for awareness among businesses and policymakers as effects continue to evolve.
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States that stand to be the most impacted by tariffs

Gateway Commercial Finance explores how new tariffs in 2025 are reshaping U.S. state economics, impacting industries, jobs and local growth trends.

·Tucson, United States
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The Gander broke the news in on Monday, June 2, 2025.
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