The heaviest strikes of EU tariffs

The latest information on tariffs and consumer decision-making is clear: increase product prices due to higher import tax and consumers will apply to a cheaper alternative.

This is not presented in a good way for a particular US products and states they produce They are engaged in the tat-tat tariff threats of the United States and EU. Think of the rear view mirrors from California Almond, Tennessee Whiskey and Michigan.

In 2017-2019, the EU Tennessee Export, the first term of the first term of trade war and export tariffs of the President Donald Trump was reduced to $ 362 million until the first research ceremony was suspended. The 2018 Trump tariffs were stopped by the Biden administration in January 2022.

“After raising the tariffs of the EU, Tennessee’s whiskey exports increased by 42% over the year,” said Daniel Anthony in Trade Partnership in the world. “However, Tennessee exporters know how to reduce revenge again.”

Thursday, Trump threatened 200% of the EU wine and alcohol tariffssaid and said “Never intend to bend” As for our tariffs caught in the imports of other nations. Treasury Secretary Scott Bessent told CNBC that he does not understand Why did the markets make a big deal This is a large market for the dangers, but for some US countries.

Unlike the tariffs applied by Trump management, where US shippers must pay tariffs To get their products, the US exports paid by EU importers will apply to the US exports. Higher prices can either lower the demand or close a market.

“EU has a waiting companies that will lose the sale of expectations to pass to less expensive options,” Anthony said.

The information compiled by the trade partnership is compiled in the world that the value of US exports can be subordinate to tariffs is five times more than $ 6 billion (according to the original Trump tariffs).

“This is the main tariff expansion on previous exports,” Anthony said.

EU retaliatyory tariffs The two tranches are built – the products are expanding additional products on April 1, and then the expansion of additional products in mid-April.

Based on one percent, the EU’s revenge tariffs for revenge tariffs, New York and Northern Dakota’s goods can affect the goods, New Dakota (36%), Iowa (26%), West Virginia (26%).

Definitely based on a dollar, some states related to the shores of the East and Gulf, including new Jersey, North and South Carolina, Virginia and Texas are the best states that face new EU tariffs. These states are expanding to products, alcohol beer, peanuts, frozen and fresh orange juice, food oils, dishwashers, dishwashers, clothing, shoes, furniture and carpet.

However, Anthony, this is the mirrors that are from Michigan, which are the best patterns of rear view mirrors, sharp risk and market needs from Tennessee Viski and Michigan – EU will damage the biggest buyer and revenge tariffs. “

Corporate Daniels, corporate risk management consultant Exiger CEO, retaliatyory EU tariffs said that an important competition of American whiskey producers in EU tariffs said.

“Tennessee and their economies will feel acute economic pressure, such as Tennessee and Kentucky, which are significantly dependent on these luxury exports. At the moment, the policy and trade policy is in collide,” Daniels said.

Companies in Tennessee (66% of the exports to the world) in 2024 (66% of the exports) exported $ 575 million to the EU and $ 575 million to the lungs.

In 2024, California, California, exported $ 1.2 billion to the EU. The European Union represents 37% of California’s exports to the world.

Companies from Michigan, in 2024, exported $ 519 million to the EU (48% of the exports to the world).

There are more space to negotiate companies in the automotive sector.

“In the previous tariff conflicts, we saw exporters of the exporter of critical car components of the United States – Michigan as an accurate electronics – often the expenses of the tariff,” said Daniels. “While the main components continue to flow, American manufacturers usually do not allow the pain of tariffs with European buyers and what the side fully understand.

Red states outside whiskey states will feel pain

In the world of production, Molybdena, which is used in the production of catalysts in the production of steel, lubricants, pigments and oil industry, is a great export for the EU Arizona. In 2024, Arizona exported $ 304 million to the EU (89% of the exports to the world) (89% to the world).

South Carolina exported $ 223 million to the EU in 2024 to the EU 223 million dollars (59% of the exports). It is used in packaging, hot melting adhesives, car components and building materials due to chemicals, sustainability, comfort and glue characteristics.

Another few plastic resins, as well as South Carolina and West Virginia, companies exported to the EU $ 146 million in plastic resins in 2024 and also chose to West Virginia.

In some areas, the current trade imbalance of the United States will affect negotiations.

In 2024, with a complementary trade commercial trade worth about $ 236 billion, US vehicles, pharmaceutical and industrial equipment rely on Europe for high-valued goods. Daniels said that these are sectors with a meaningful arm with target tariffs of US talks.

European cars exported a dwarf to the United States in 2022, the transportation of about $ 54 billion in the United States, the EU exported a dwarf. The target in this sector would take place in the US Tariff Significant pressure on European manufacturers – Especially Germany’s total exports of Europe’s total exports to the United States are Germany itself.

According to the customs information from exiger, with fate, pharmaceutical The largest export category of Europe is represented by the United States and about $ 92 billion each year.

“Pharmaceuticals can be politically delicate through tariffs, it can be politically thin, direct European medicinal giants, strong incentives for Brussels.