As the Trump administration continues to implement across the board tariffs and threaten even more tariffs, Missouri businesses, farmers, and consumers are bracing for immediate economic disruptions and higher costs. The state’s economy faces significant challenges across various sectors, including manufacturing, agriculture, and logistics. 

Tariff Impact on Missouri: By the Numbers

In 2023, Missouri exported $31 billion in goods and services to 190 markets around the world, accounting for 790,000 jobs statewide. 

Manufacturing: Manufacturing is a major component of Missouri’s economy, contributing $50.5 billion of value added to the economy and comprising 11.7% of the state’s gross domestic product (GDP). The sector employs over 277,500 people across more than 5,000 manufacturing firms.

Agriculture: Missouri is the country’s 8th largest agricultural exporting state, shipping $5.6 billion in domestic agricultural exports abroad in 2023. Top agricultural exports include soybeans ($1.9 billion) and corn ($518 million).

Housing: The average home value in Missouri is $251,663, up 3.8% over the past year. Tariffs on building materials like lumber and steel are projected to raise construction costs by $20,000 – $30,000, further impacting housing affordability.​