Industries affected by tariffs

 https://www.perplexity.ai/search/industries-most-effected-by-ta-ODDody8tR8aEIOuGopmqEA#0

Based on the recent implementation of tariffs by the Trump administration on Canada, Mexico, and China, several industries are significantly impacted. Here are the sectors most affected by these tariffs:

Manufacturing is one of the hardest-hit sectors, particularly industries relying on imported components2. The most affected manufacturing industries include:

• : Facing increased costs and supply chain disruptions23.

• : Experiencing higher production costs due to tariffs on imported materials2.

• : Deeply integrated into global supply chains, making them vulnerable to tariff increases23.

The agricultural sector is facing significant challenges:

• Farmers are at risk of losing export markets and experiencing declining revenues1.

• Key agricultural exports such as corn, beef, and dairy are vulnerable to retaliatory tariffs from Mexico and Canada1.

• States like Iowa, Nebraska, and Wisconsin, which rely heavily on agricultural exports, are particularly affected1.

Companies involved in the exploration, extraction, and processing of raw materials are facing challenges:

• Mining, machinery manufacturers, and industrial companies are experiencing declining stock values4.

• The softwood lumber industry in Canada is especially vulnerable4.

The renewable energy sector is also impacted:

• Producers of solar, wind, and other green technologies face increased production costs4.

• Higher tariffs may hinder the transition to renewable energy by affecting project profitability4.

• : 74% of U.S. imports in this category come from China3.

• : 40% of imports are from China3.

• : 25% of imports are from China3.

• : 51% of U.S. imported fuel comes from Canada3.

• : Particularly affected by tariffs on Mexican and Canadian imports3.

These tariffs are expected to lead to higher consumer prices, supply chain disruptions, and potential job losses in industries relying on imported goods3. The overall economic impact is estimated to be significant, with a potential annual loss of $109.23 billion for the U.S. economy1.

Citations:

1. https://theconversation.com/a-potential-110b-economic-hit-how-trumps-tariffs-could-mean-rising-costs-for-families-strain-for-states-251028
2. https://www.ibisworld.com/blog/us-tariffs/1/1127/
3. https://www.usatoday.com/story/graphics/2025/02/06/trump-tariffs-china-canada-mexico-usps-shein-temu-de-minimus-packages/78191158007/
4. https://www.cnbc.com/2025/02/03/global-sectors-most-impacted-trump-tariffs.html
5. https://www.spglobal.com/ratings/en/research/articles/250130-economic-research-which-sectors-would-be-most-vulnerable-to-u-s-tariffs-on-canada-and-mexico-13398978
6. https://www.nbcnews.com/data-graphics/trump-tariffs-china-mexico-canada-trade-charts-rcna194564
7. https://www.claconnect.com/en/resources/articles/25/the-impact-of-trumps-tariffs-a-comprehensive-analysis
8. https://www.wired.com/story/how-trumps-tariffs-will-disrupt-key-industries-in-mexico/
9. https://www.nbcnews.com/politics/economics/trump-puts-tariffs-thousands-goods-canada-mexico-risking-higher-prices-rcna194542