STATE
Louisiana
As President Trump’s latest tariffs on Canadian and Mexican imports take effect on April 2nd, Louisiana businesses and consumers are bracing for significant economic challenges. With a diverse economy deeply tied to international trade, the state’s energy, seafood, manufacturing, and agriculture sectors face immediate disruptions due to the new tariffs. Tariffs will also impact companies ability to invest and grow in Louisiana.
Tariff Impact on Louisiana: By the Numbers
Louisiana’s economy is heavily reliant on trade, with Mexico and Canada being among its top trading partners. The 25% tariff on Canadian and Mexican imports, along with levies on Chinese and European Union goods, is expected to have widespread economic consequences.
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