Business & Finance
Iowa, Michigan Hit by Weak Exports Ahead of Tight Midterm Races
Key Points
Iowa, Michigan Hit by Weak Exports Ahead of Tight Midterm Races Iowa and Michigan are among US states with competitive Senate races that appear hardest hit by President Donald Trump’s tariff agenda, with exports falling relative to before his second term began. A Bloomberg Economics analysis found that this weakened export performance is mainly due to a drop in shipments to China and Canada, the only two nations to impose lasting retaliatory duties on US products.
Iowa, Michigan Hit by Weak Exports Ahead of Tight Midterm Races
Iowa and Michigan are among US states with competitive Senate races that appear hardest hit by President Donald Trump’s tariff agenda, with exports falling relative to before his second term began.
A Bloomberg Economics analysis found that this weakened export performance is mainly due to a drop in shipments to China and Canada, the only two nations to impose lasting retaliatory duties on US products.