Trump's tariffs would hit most where his supporters live, analysis finds

Published On Oct 26, 2024, 8:44 AM

Analysis of Donald Trump's proposed tariffs reveals they would significantly impact Republican-leaning states, particularly Indiana, Kentucky, Tennessee, and Mississippi, where GDP losses would be most pronounced. The tariffs include a 60% levy on Chinese imports and a 10-20% tariff on goods from other countries. States like Illinois, Wisconsin, and Michigan, considered swing states, would also experience notable economic impact. The study indicates that tariff payments could rise dramatically, leading to increased prices for consumers and impacts on local businesses and employment.