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Courtesy of the Port of PortlandOregon鈥檚 biggest trading partners include Mexico and Canada, but tariff threats from President Donald Trump could raise costs, strain business relationships. -
Jo Mancuso/OPBPresident Donald Trump on Tuesday slapped 25% across-the-board tariffs on imported goods from Canada and Mexico 鈥� our nation鈥檚 largest trading partner. Chinese goods entering the U.S. face an additional 10% tariff. That鈥檚 got Oregon food and agriculture leaders worried that retaliatory tariffs will hurt Oregon farmers.
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President Donald Trump鈥檚 plan to impose sweeping tariffs on goods coming to the U.S. from Canada and Mexico may have taken a back seat, for now. But many farmers in Oregon are dependent on overseas markets, and concerned about the effects of a trade war. -
Threats of tariffs on major trading partners point to a chaotic global market for the foreseeable future.
