Southern states among hardest hit by China tariffs
Alabama stands as the state with the greatest potential for business disruption as a result of Chinese tariffs targeting 333 individual U.S. export products valued at roughly $16 billion. Of the nearly $3.6 billion in commodities Alabama shipped to China last year, tariffs threaten to raise prices on more than $2.3 billion worth of exports.
That's nearly two-thirds of all exports Alabama companies shipped to China in 2017 – and more than 10 percent of the state's total exports from last year – that are now threatened by Chinese tariffs. No other state topped Alabama in terms of the threat tariffs pose to its total export portfolio from 2017. Automotive vehicle and scrap metal exports are expected to be among those hardest hit by the duties.
But Alabama has company among its fellow Southern states. More than 8 percent of all South Carolina exports have been threatened by the new Chinese duties, making it the third-most heavily impacted state. Kentucky wasn't far behind, with more than 3 percent of its exports staring down the prospects of higher prices in China.
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That'll teach them commies!
Al
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