Which states would be hurt most by a Trump trade war?
President Trump plans to renegotiate the North American Free Trade Agreement, a trade deal between the U.S., Canada, and Mexico originally made in 1994. How would that affect your state?
The U.S. states most economically reliant on trade with Mexico and Canada are Michigan, Texas, North Dakota, Kentucky, and Indiana — all five of which voted for Trump in November. If the president's proposed renegotiation of NAFTA slows U.S. exports, these states could potentially experience the brunt of job losses, CNBC reports. Overall, the Center for Automotive Research estimates 31,000 American jobs will disappear if the U.S. withdraws from the deal.
As for the Trans-Pacific Partnership, the 12-nation pact Trump officially pulled the U.S. out of in the first week of his presidency, West Coast states will likely be most negatively affected by the move, due to their economic dependence on trade with Asia.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung

