U.S. Midterms: Is Trade Working for The States and Who Cares About China? — Panjiva


U.S. Midterms: Is Trade Working for The States and Who Cares About China?

Elections 52 Tariffs 1250 Trade Deals 714 U.S. 3446

President Trump’s administration has, and will continue, to be marked by upheaval in trade policy ranging from the renegotiation of NAFTA to tariffs on $360 billion of bilateral trade with China. Yet, it has also seen significant growth in international trade with a 13.5% growth in imports and exports combined in the 12 months to August 31 vs. 2016. That compares to a 0.4% annual growth in the prior four years. With the midterm elections looming exposure to China’s retaliatory duties covering $110 billion of American exports may be of relevance in state and local races. The most exposed ...

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