US tariffs on Mexican and Canadian imports came into effect Tuesday. The tax set at 25% by US President Donald Trump follows 20% of the duplications of Chinese products. Canada’s energy tax is limited to 10%.
Top US trading partners, Mexico and Canada, account for more than 30% of the total goods traded, exceeding $1.6 trillion. The move sparked trade tensions, including retaliatory tariffs. This could slow economic growth and raise prices for Americans who are recovering from years of high inflation.
“The tariffs estimate that the cost of goods could increase nearly $1,000 per household per year,” said Kathy Bostjancic, a common chief economist across the country.
How many of the imports from each state come from Canada and Mexico?
Montana imports 93% of its products from Canada and Mexico. Maine ranks second with 71%, followed by Michigan and Vermont (70%) and North Dakota (68%).
Prices are expected to rise nationwide, but these states are expected to be hit hardest by the latest tariffs as they rely most heavily on imports from Canada and Mexico.
The map and table below show the proportion of imports from Canada and Mexico for each state.
According to the U.S. Energy Information Administration (EIA), Montana is a net supplier in other parts of the United States, with four refineries receiving crude oil primarily from Canada and Wyoming.
The US imports approximately 4 million barrels of oil per day from Canada. A 10% collection of Canada’s energy is likely to increase the operating costs of these refineries, resulting in Americans paying higher electricity and gasoline or gasoline prices.
Do each province import the most from Canada?
Canada is the largest foreign supplier of US oil with energy products including crude oil and petroleum products, accounting for around 30% of all Canadian exports to the US. Cars, tractors and auto parts are the second largest exports, followed by machinery and mechanical appliances. Other important exports include medicines, plastics and wood products.
The map below shows the top imports from Canada for each state.
Oil and gas are major imports from 13 states, including California, Colorado, Delaware, Hawaii, Illinois, Minnesota, Montana, New Jersey, North Dakota, Ohio, Oklahoma, Pennsylvania and Washington.
Oil and coal products rank second, and are the top imports of Louisiana, Maine, Massachusetts, Mississippi, New Hampshire and Rhode Island.
Aerospace products ranked third, leading imports in five states: Georgia, West Virginia, Florida, Kansas and Connecticut.
Canadian Prime Minister Justin Trudeau yesterday said Canada will respond with retaliatory tariffs on more than $100 million in US goods.
Do each state import the most from Mexico?
Mexico is one of the largest foreign suppliers of goods to the US, with cars, trucks and auto parts making up the largest share of exports. Mechanical and electrical equipment continues as major exports, including industrial machinery, computers and home appliances. Other major exports include petroleum products, agricultural products, medical devices, plastics and textiles.
The map below shows the top imports from Mexico for each state.
The car is the top imports of 16 states, including Arkansas, California, Florida, Iowa, Maryland, Michigan, Montana, Nebraska, North Dakota, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, Wisconsin and Wyoming.
Auto parts rank second in seven states: Alabama, Indiana, Kentucky, Mississippi, Ohio, Oregon and South Carolina.
Computer equipment will be third, topping imports in five states: Georgia, New York, North Carolina, Texas and Virginia.