Feb 7, 201705:52 PMBlog
Washington among states least affected by Mexico trade strife
With Donald Trump issuing an executive order from the Oval Office to construct a border wall between the United States and Mexico, much attention has been paid to the ramifications of a potential “trade war” between the two countries.
If such a scenario would ever come to pass, impact of the economic fallout would be different for every state. Financial analysis site WalletHub has crunched the numbers across five key indicators gauging the effects of a possible trade battle, with Washington coming out as the sixth least affected by trade strife with America’s southern neighbor.
The Evergreen State ranks 47th in exports to Mexico as percentage of total exports, and 33rd in exports to Mexico as percentage of state GDP. Inbound goods show similar rankings, as Washington is 45th in the country in imports from Mexico as percentage of total state imports and 38th in imports from Mexico as percentage of total state GDP. The site also finds Washington 33rd in percentage of jobs supported by trade with Mexico.
Only Alaska, the District of Columbia, Maine, Wyoming and Montana, according to WalletHub would be less affected by any potential trade issues with Mexico.
For the whole study, visit the WalletHub website.