President Trump is trying to correct a trade imbalance by imposing tariffs on products imported from China. China has retaliated by imposing tariffs on our exports to China.

Trump’s tariffs will cost automaker Ford $1 billion in 2018 and 2019 and require significant layoffs. Exports from the BMW plant in Greer, SC are down 35% in August 2018 versus August 2017. Honda USA is incurring hundreds of millions of dollars in unplanned costs because of Trump’s steel tariffs.

States incurring substantial revenue losses include:

• Louisiana a $5.7 billion loss, with China its top export market

• Washington $5.2 billion, with China its top export market

• California $4 billion, with China its third largest export market

• Illinois $2.1 billion, with China its third largest export market

South Carolina $2.6 billion, with China its top export market

• Alabama $2.4 billion, with China its second largest export market

• Texas $1.4 billion, with China its third largest export market

• Kentucky $917 million, with China its fourth largest export market

• Michigan $842 million, with China its third largest export market

• Ohio $826 million, with China its third largest export market

Many states are suffering economic problems with declining exports and job losses because of Trump’s tariffs.

Donald Moskowitz

Londonderry, NH