Which US states can be most affected by Canada and Mexico's Trump rates? | Business and Economics News

Have taken the United States rates for Mexican and Canadian imports Effect Tuesday. The levies set at 25 percent of US President Donald Trump were followed by a doubling of debt on Chinese goods up to 20 percent. Canadian energy taxes are limited to 10 percent.

Mexico and Canada, the best trading partners in the United States, represent more than 30 percent of total traded goods exceeding $ 1.6 trillionS This move has sparked trade tensions, including revenge tariffs that could slow down economic growth and increase prices for Americans who have still been recovering for years of high inflation.

“We appreciate that tariffs can lead to nearly $ 1,000 a household increase annually in the price of goods,” said mutual economist Katie Bostancic throughout the country.

How many of the imports of each country comes from Canada and Mexico?

Montana imports 93 percent of its goods from Canada and Mexico, most of any country. Maine comes second with 71 percent, followed by Michigan and Vermont (70 percent) and North Dakota (68 percent).

Although prices are expected to rise throughout the country, these countries are expected to be affected by the largest tariffs, as their economies are the most dependent on Canada and Mexico imports.

The map and table below show the percentage of imports from Canada and Mexico for each state.

Montana is a net energy supplier for the rest of the United States and has four refineries, receiving raw oil most from Canada and Wyoming, according to the US Energy Information Administration (EIA).

The United States is importing about four million barrels of oil a day from Canada. Ten percent of Canadian energy taxes are likely to increase operational costs for these refineries, which will cause Americans to pay higher prices for electricity and gas or gasoline.

What imports every country most from Canada?

Canada is the largest foreign oil supplier in the United States, with energy products, including raw oil and oil products, representing about 30 percent of all Canadian exports to the United States. Cars, tractors and authors are the second largest export, followed by machines and mechanical appliances. Other significant exports include medicines, plastics and wooden products.

The map below shows the largest import from Canada to each country.

Oil and gas are the leading import for 13 states, including California, Colorado, Delaware, Hawaii, Illinois, Minnesota, Montana, New Jersey, North Dakota, Ohio, Oklahoma, Pennsylvania and Washington.

Petroleum and coal products are ranked second, with the best imports for six states: Louisiana, Maine, Massachusetts, Mississippi, New Hampshire and Rod Island.

Aerospace products are the third, leading imports in five states: Georgia, West Virginia, Florida, Kansas and Connecticut.

Canadian Prime Minister Justin Trudeau said yesterday that Canada would respond with retaliatory rates for more than $ 100 billion in US goods.

What does every country bring most from Mexico?

Mexico is one of the largest foreign suppliers of goods to the United States, such as cars, trucks and auto parts make up the largest share of exports. Machines and electrical equipment follow as key exports, including industrial machines, computers and household appliances. Other major exports include petroleum products, agricultural products, medical devices, plastics and textiles.

The map below shows the largest import from Mexico to each state.

Motor vehicles are the best imports for 16 states, including Arkansas, California, Florida, Iowa, Maryland, Michigan, Montana, Nebraska, North Dakota, Pennsylvania, Rod Island, South Dakota, Tennessee, Washington, Wisconsin and Wioming.

The parts of the motor vehicles are ranked second, leading imports in seven states: Alabama, Indiana, Kentucky, Mississippi, Ohio, Oregon and South Carolina.

Computer equipment follows in third place, heading imports in five states: Georgia, New York, North Carolina, Texas and Virginia.