Trade continues to dominate the political and economic headlines, with President Trump announcing a new round of tariffs on $200 billion worth of Chinese goods. This latest comes on the heels of a summer during which the president vacillated between threats of additional tariffs—on auto imports and China—and friendly proclamations with the European Union to work towards “zero tariffs.”
The United States’ three largest trading partners—China, the European Union (EU), and NAFTA (Canada and Mexico)—have responded in-kind. These three trading partners have implemented tariffs on over $120 billion of U.S. exports.
This short analysis reviews the exposure local communities have to these trade policy changes. It draws on the Export Monitor, a unique dataset developed as part of the Global Cities Initiative, to estimate which local and regional economies rely the most on export industries targeted by retaliatory tariffs. Of course, the U.S.-imposed tariffs on imports also affect cities, regions, and states—as well as the firms, workers, and consumers within them.
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