China is one of our largest trading partners. U.S. exports to the country totaled $130 billion last year.
Fears of a trade war continue to escalate this week as Chinese officials and the Trump administration threaten to slap tariffs on a growing number of imports, potentially roiling the world’s two biggest economies.
China’s latest announcement, on Wednesday, outlined another round of tariffs on imports from the U.S., bringing the total to more than 230 different products. The initial list of proposed tariffs, which focused on agricultural items, has since been lengthened to include motor vehicles, medical equipment, plastics and a slew of other goods from almost every corner of the U.S. economy.
And on Thursday, President Trump doubled down, calling for $100 billion more in tariffs on Chinese imports.
It’s unknown how the trade dispute will unfold. But what is certain is that the consequences of China’s tariffs would play out unevenly across state and regional economies. Although there’s no precise state-level data tracking trade exports, several federal datasets provide an idea of just how much tariffs could disrupt state economies.
GOVERNING.COM
BY MIKE MACIAG | APRIL 5, 2018