A BNSF freight train with 76 container cars and FedEx freight trailers travels from Seattle to points east on August 23, 2021 in Livingston, Montana. (Photo by William Campbell/Getty Images)
To look at the impact of both the Trump tariffs on North American partners and the retaliatory tariffs Trump has planned for other global trading partners, CNBC analyzed the data on imports and exports of all 50 states provided by LendingTree. ImportGenius provided additional granular data on the products. Using Customs code analysis, each state’s exports and imports between China, Canada, and Mexico were aggregated to specific products. This specificity granularity can show a state’s economic risk exposure which could impact jobs and economic prosperity.
The flow of trade is one of the key components for the functioning of a country’s economy. Each state in the U.S. contributes to the country’s overall gross domestic product, but it is each state’s trade relationship with different countries that support its local economies. This is why trade reliance is such a significant factor for economies across the U.S.
Its report shows wide disparities between the states, with some like Montana doing a vast majority of their trade with Canada, China, and Mexico, while others do surprisingly little.
How Trump’s tariffs on Mexico and Canada will sweep across US states
