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benefit from U.S. tariffs,
particularly those that are feeling pressure from Chinese imports,” said Robert Hamilton, Washington Governor Jay Inslee’s advisor for trade policy. “That said, many more companies are seeking help in finding strategies to avoid the tariffs, particularly assistance in finding out how to apply for tariff exclusions.” China is not the only
source of retaliatory tariffs on Washington state exports. The state may be subject to tariffs on over $3 billion in annual exports this year, and more may be coming in the future, both in the form of tariffs and non-tariff trade retaliation. Here is a taste from the smorgasbord of retaliation the state may be subject to, from figures provided by Hamilton. Canada and the European
Union have imposed retaliatory tariffs on U.S. steel and aluminum, all of which came into effect in late June to early July of this year, on a total of $402 million of Washington state exports. Canada has also applied tariffs
Issue 8 2018 - FBJNA
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$264.4 million to $400 million in retaliation against U.S. steel and aluminum safeguard actions and more for measures involving vehicle imports.
China was Washington
state’s leading export market in 2017, at almost $18 billion, making Washington the leader among states for exporting to China last year. (California was the runner up at $16.4 billion.) “Washington state’s economy is very globally focused with at least one-in-three jobs directly or indirectly
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Soybean exports are down at the Port of Vancouver but volumes of other grains are doing well. (Port of Vancouver photo)
April 2, 2018, has come in the form of taxes on Washington cherries, aluminum scrap and waste, and apples, for a total of $171.6 million. China has also retaliated for the Trump administration’s Section 301 measures, relating to intellectual property violations and Made-in- China industrial policies, by hitting $465.4 million in
The Port of Everett’s modernization project is preparing the port to handle larger container vessels. (Port of Everett photo)
on other product in retaliation for the U.S. aluminum and steel tariff measures to the tune of $348.4 million, while Mexico is retaliating on the aluminum and steel front by taxing Washington apples and french fries on a total of $172.3 million in exports, based on 2017 levels. China’s aluminum and steel retaliation, effective
Washington seafood, hay, and cherry exports. China has also issued several other rounds of retaliatory tariffs, the most recent on September 24, impacting aluminum scrap and waste and medical diagnostic equipment. Other countries that have imposed tariffs that impact Washington exports include Turkey, Russia, and India. In the future, the EU is
expected to issue further tariffs on aluminum and steel in March 2021 impacting $32.8 million in Washington exports. Japan is seeking
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