From Fox News · Amanda Macias · · 1m 40s
Five states face biggest hit from Trump's Canada tariff war
Retaliatory tariffs from Canada could raise prices for American consumers in key battleground states just before the midterm elections.
In brief
Retaliatory tariffs from Canada could raise prices for American consumers in key battleground states just before the midterm elections. Ohio, Michigan, Pennsylvania, Illinois, and Wisconsin are most vulnerable to Canadian retaliatory tariffs, with billions in exports at risk and costs likely hitting voters before…
Canada's tariffs threaten key battleground states
Five states face the most exposure to Canadian retaliatory tariffs ahead of November's midterm elections. Billions in U.S. exports are at risk as costs rise for businesses and consumers.
“American manufacturers or American businesses who rely on Canadian inputs are going to start to feel the pain right in the lead up to going to the ballot box.”
Ohio faces the worst exposure
Ohio is the most vulnerable state, with roughly 2.3 billion dollars in exports to Canada exposed. Machinery, transportation products, minerals and metals are major sources of risk.
“Ohio is by far the most vulnerable state in terms of exposure from the Canadian retaliatory tariffs.”
Michigan's auto supply chains tangled
A single vehicle component can cross the U.S.-Canada border up to eight times before completion. Tariffs on automotive parts disrupt the deeply intertwined Michigan-Ontario supply chain.
“Most Americans don't know that a single component on a U.S.-assembled vehicle can cross the border upwards of eight times before it's actually completed.”
Pennsylvania risks 1.8 billion in exports
About 25 percent of Pennsylvania's exports go to Canada, mostly machinery and equipment. Just under 1.8 billion dollars in exports face tariff exposure.
Costs will reach American consumers
Tariffs on cross-border automotive parts and other goods will eventually raise prices for consumers. The timing matters as voters head to the ballot box in November.
Tariff reversal unlikely after midterms
Even if congressional control changes after November, the trade war may not end. Legislative hurdles make reversing presidential trade policy difficult, and the Biden administration kept Trump-era tariffs.
“The idea that Canadian retaliatory tariffs are going to swing the midterms in the Democrats' favor and then all of a sudden create an end to the trade war is a fantasy.”
Cost of living shapes voter decisions
Affordability remains a top issue for voters heading to the polls. The timing of Canadian tariffs hitting just before November could influence how Americans vote.
“Cost of living, cost of goods, cost of doing business is such an important factor for Americans who are going to be casting a ballot.”
The big picture
Ohio, Michigan, Pennsylvania, Illinois, and Wisconsin are most vulnerable to Canadian retaliatory tariffs, with billions in exports at risk and costs likely hitting voters before November.
