Tariffs didn’t start Oregon’s economic slowdown, but they exacerbated it, report finds

Tariffs didn’t start Oregon’s economic slowdown, but they exacerbated it, report finds

Imports in Oregon outpaced exports for first time in years following Trump tariffs. (Courtesy of the Port of Portland) President Donald Trump’s tariffs contributed to a $442 million loss in Oregon’s 2025-27 budget cycle, state economists estimate.  That’s according to a new report Gov. Tina Kotek’s office released Monday evaluating the impacts new tariffs have had on Oregon after the Trump administration fully imposed them in March 2025. The rep…

Tariff Refunds Have Wiped Out Tariff Revenue Since May

The economic damage from a chaotic tariff regime can outweigh the revenue itself, and unlike the tariffs, it cannot be refunded.

Oregon Importers Paid $2.89B in Tariffs as Exports Fell 17%, State Report Finds

A new analysis commissioned by Gov. Tina Kotek found that Oregon absorbed $2.89 billion in tariff costs over 10 months of 2025 and became the only state in the country to surrender its goods trade surplus, a reversal that lands on a Portland industrial market already carrying record availability and its weakest leasing volume since 2008. Oregon importers paid $2.89 billion in tariffs between March and December of 2025, and the state’s exports fe…

Report: Tariffs exacerbated Oregon's economic slowdown

President Donald Trump’s tariffs contributed to a $442 million loss in Oregon’s 2025-27 budget cycle, state economists estimate. Continue reading…