Over 5 million American jobs at risk from tariffs

economictimes.indiatimes.com

The trade war initiated by the U.S. could threaten over 5 million American jobs due to retaliatory tariffs from China and Canada. Key sectors affected include agriculture, manufacturing, and energy, particularly in the Midwest and South. China has imposed a 15% tax on U.S. agricultural products, impacting 1.3 million workers, while Canada has introduced a 25% duty on various goods, potentially affecting 4.8 million U.S. jobs. Rural areas are expected to be hit hardest. The Brookings Institution report highlights that states supporting President Trump have a higher concentration of workers in affected industries. Approximately 3 million workers in these states are at risk from the tariffs.


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