Trump Tariffs Could Cripple Louisiana
A Forbes report shows Louisiana is the state most at risk of being economically crippled by the escalating trade wars initiated by the Trump Administration. The study shows nearly 21 percent of the state’s GDP comes from exports, with five percent coming from Mexico and China specifically. Louisiana US Congressman Garret Graves says he’s watching the negotiations closely.
He says he does not like that we are having impacts in our economy but thinks if we play this right we can get trade remedies.
Graves acknowledged the risk factor that comes with playing hardball on trade with other nations, specifically for a state so reliant on international economic trade, but he says the risk may be worth the reward of better trade prices.
"We are potentially playing with fire if we don't play these negotiations right we could injure the US economy. A message needs to be sent to countries that discriminate against American goods," says Graves.
"I don't think it's okay to allow China's outrages protective measures to continue".