When one looks at a map of the United States, based on significance of trade with our leading trade partners–China, Canada, and Mexico–it is clear that Donald Trump’s plan to impose tariffs of 10 percent on China and 25 percent on Canada and Mexico, will cause an economic calamity.
Eighteen states have China as their major supplier of imported goods; twenty three states have Canada as their major supplier of imported goods; and three states have Mexico as their major supplier of imported goods. Germany, Saudi Arabia, and India have an impact in a few other states.
So it is pure insanity to impose protective tariffs, when history tells us it always leads to economic disaster.