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

Elections 79 Tariffs 1613 Trade Deals 882 U.S. 4465

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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