Study: New tariffs hit Michigan hard, state exports drop
Michigan businesses paid an extra $432 million in import tariffs.
Michigan is being hit hard by record high tariffs, according to a new report from Tariffs Hurt the Heartland and compiled by The Trade Partnership from monthly U.S. government data.
The data, which runs through October 2018 (the most recent month available) and is drawn from U.S. Census Bureau statistics on tariffs, includes the first look at the full weight of tariffs that have been imposed on $200 billion in Chinese imports and the impacts of retaliation from that action. In October 2018, Michigan businesses paid $138 million in tariffs, more than 10 times the amount paid in tariffs on the same products in October 2017.