Canada is slapping tariffs on $12.8 billion of US goods — here are the states that stand to lose the most
- President Donald Trump announced steel and aluminum tariffs on Canada.
- Canada responded with tariffs of their own on billions of dollars worth of US goods.
- Using US exports data, the states hit hardest by the tariffs would be Ohio, Michigan, New York, Pennsylvania, and Illinois.
Canada isn’t taking President Donald Trump’s decision to hit the country with steel and aluminum tariffs lying down.
Prime Minister Justin Trudeau announced that Canada will impose retaliatory tariffs on $12.8 billion worth of US goods in response to Trump’s metals tariffs.
The list of goods set to get hit by the Canadian tariffs varies from industrial steel to sleeping bags. Trudeau said the tariffs were not designed to hurt the American people, but rather defend Canada’s interests and send a message to the Trump administration.
Using US Census Bureau data on exports and the list of goods subject to the tariffs, Business Insider determined exactly which states will get hit hardest by the Canadian crackdown.
The biggest losers from the US-Canada trade fight are industrial states in the Midwest:
- Ohio would be the hardest hit. The state sent $1.75 billion worth of goods to Canada in 2017 that could fall under the tariffs.
- Michigan would be close behind, with $1.17 billion in goods that could be subject to tariffs.
- They are followed by New York ($1.17 billion), Pennsylvania ($1.14 billion), and Illinois ($1.02 billion).
The tariffs will go into place on July 1, Canada’s government said, and will stay in place until the US removes the steel and aluminum restrictions.
Read the full article from it’s original source: http://uk.businessinsider.com/trump-canada-tariffs-list-states-that-would-lose-most-exports-2018-6