US cities located in states won by Trump would be most hurt by Canadian tariffs, an analysis finds
- President Trump imposed tariffs, including 25% on many goods from Mexico and Canada and 10% on energy products from Canada, citing the need to stop illegal immigration and drug smuggling, while also expressing his dislike of the trade deficit with those countries.
- Canadian leaders warned that these tariffs and the ensuing trade war would negatively impact the United States through higher prices, fewer jobs, and slower economic growth, although an analysis by the Brookings Institution suggested Mexico and Canada would suffer more due to their greater reliance on trade with the U.S.
- According to a new analysis released by the Canadian Chamber of Commerce, U.S. Metro areas such as San Antonio and Detroit, which are highly dependent on exports to Canada, are most vulnerable to the trade war, with San Antonio exporting nearly half of its aerospace, auto, and energy sectors to Canada, and Detroit exporting approximately 40% of its auto-driven products.
- Candace Laing, president and CEO of the Canadian Chamber of Commerce, stated that the consequences of the tariff war would not be contained to Canada and that tens of thousands of jobs on both sides of the border are at stake, potentially leading companies to build and hire elsewhere.
- Many of the U.S. Cities most exposed to the trade war with Canada, including Milwaukee and Pittsburgh, are located in states like Michigan, Pennsylvania, and Wisconsin that were crucial to Trump's 2016 election victory, indicating a potential political risk associated with his tariff policies, especially as tariffs set to fully hit in April.
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What are the 10 U.S. cities that supported Trump and will now be the hardest hit by tariffs?
The U.S. cities most vulnerable to a trade war with Canada turn out to be largely in the states that helped Donald Trump return to the White House, a sign of the possible political risk that the U.S. president is taking with his tariff plans.A new analysis released on Thursday, March 27 by the Canadian Chamber of Commerce, detailed the areas most dependent on exports to Canada, with San Antonio and Detroit heading the list of 41 U.S. metropolita…
The U.S. Cities Most Vulnerable to Canadian Tariffs: Report
The ongoing trade war between the U.S. and its neighboring allies has escalated further after President Donald Trump announced Wednesday that he would be imposing a 25% tariff on auto imports. The act, which the President issued in an attempt to bolster domestic automobile production, adds to increasing tensions between the U.S. and Canada. The Administration has threatened Canada’s sovereignty by suggesting that Canada becomes the 51st state an…
The biggest losers of Trump’s tariff wars with Canada could be the states who helped elect him, new analysis finds
"The consequences of today’s escalation in this destructive tariff war will not be contained to Canada," said the president of the Canadian Chamber of Commerce.
These U.S. cities are hit the hardest by Canada’s tariffs: analysis
The U.S. cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House — a sign of the possible political risk he’s taking with his tariff plans.
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