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Mexico tariffs won’t hit Florida as hard as other states

China, not Mexico, is Florida’s top source of imports.  

There is great fear about the impending trade tariffs set to go into effect Monday on all Mexican imports … and for good reason.

But Florida is unlikely to feel the pain of the new trade tax like other states that are more dependent on manufacturing and goods from Mexico.

The Sunshine State, with its lucrative network of ports, is one of the best-diversified on international trade.

China, not Mexico, is Florida’s top source of imports.

Tourism, health care, and construction are more pivotal to Florida’s economy than manufacturing. And Florida agriculture, which has suffered from recent US-Mexico trade relations, might actually benefit from the tariffs.

That said, a new tax on goods from Mexico is unlikely to help most Floridians, as there is nothing the state can do to insulate itself from a hit to Wall Street or the national economy.

The 5 percent tariff is set to go into effect Monday, climbing by another 5 percent at the start of each new month, until it reaches a cap of 25 percent, or Donald Trump decides to relax the penalty.

Written By

Noah Pransky is a multiple award-winning investigative reporter, most recently with the CBS affiliate in Tampa. He’s uncovered major stories such as uncovering backroom deals in the Tampa Bay Rays stadium and other political investigations. Pransky also ran a blog called Shadow of the Stadium, giving readers a deep dive into the details of potential financial deals and other happenings involving the Tampa Bay- area sports business.

2 Comments

2 Comments

  1. Mr. Matthew Lusk

    June 7, 2019 at 12:18 pm

    Tariffs are beautiful, American workers need jobs. Protect American workers NOW. Interdependence and forced submission is a globalist goal. Fight for the United States, don’t be a traitor. Lusk2020.com

  2. Jim

    June 8, 2019 at 6:16 am

    Matthew says “American workers need jobs.” OK, so grow tomatoes and avocados in Maine.

    This just in: President Dumbbrain backs off on tariffs (Friday). But wait, Saturday morning’s twitter storm hasn’t yet begun.

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