· 1d · on MSN
Trump’s tariffs draw swift retaliation as Mexico, Canada and China impose tariffs on U.S.
Here's how Texas could be affected by Trump's tariffs on Mexico, Canada
Texas' biggest trade partner is Mexico and has been for at least the past 16 years. The two totalled $272.3 billion in 2023.
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Canada and China Retaliate Against U.S. Tariffs, Which Trudeau Derides as ‘Dumb’
As President Donald Trump’s new tariffs on imports from Mexico, Canada, and China take effect, Texas is poised to bear the brunt of the economic fallout.
Texas exported $450 billion in goods and services in 2023, putting it at risk in President Trump's trade war within China, Canada and Mexico.
Texas's trade relationship with Mexico has supported hundreds of thousands of jobs and brought in billions in capital investment to the state.
Auto manufacturers and dealers anticipate the tariffs will drive up prices and stifle demand for new vehicles.
6d
The Texas Tribune on MSNTrump tariffs set to hit Texas’ biggest trading partners beginning next weekThe president said Mexico and Canada have failed to curb the flow of drugs into the U.S. after giving the countries 30 days to do so before enacting the tariffs.
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