Which states do Trump's tariffs hit the hardest

Why it matters

This analysis of tariff impacts by state provides useful insight into the geographic distribution of trade policy effects, which is relevant for credit professionals assessing regional economic risks, but it is primarily data analysis rather than a new policy or market-moving event.

Sources

• Axios

  Which states do Trump's tariffs hit the hardest

  Data: Trade Partnership Worldwide, via National Taxpayers Union Foundation . Note: Includes tariffs mandated by executive order only. Totals through June 2026. Map: Brad Jennings/Axios States bear wildly different estimated tariff burdens from President Trump's trade actions…