What are the best imports of Wisconsin from China, Canada and Mexico? – Biztimes Milwaukee

Presidential Donald Trump The application of new tariffs for goods imported from China, Canada and Mexico, what goods are in the list of products imported into Wisconsin from these countries? On the weekend, Trump announced plans to apply an additional 25% tariff for goods from Canada and Mexico and an additional 10% for imports from China. Canada’s energy resources will face 10% tariff instead of 25%. The new tariffs will come into force on Tuesday. Trump and Mexican President, however Claudia Shainbaum reached an agreement to delay the implementation of the Mexico tariff per month in exchange for Mexican efforts to secure its northern border, According to reports.

Combined, Canada, Mexico and China are the first three sources of imported goods for Wisconsin. In 2023, the three countries represent 46.1% of Wisconsin’s imports of $ 39.26 billion, according to data from the US Census Bureau. The 2024 data are available in November and show that the three countries represent nearly 48% of imports. Canada was the best import source in 2023 with 15.9% of the total, about $ 6.25 billion. Mexico was second in 15.3%and China was third in 14.9%. The 2023 ranking was a slight deviation from previous years, as China is usually the main source of import. In 2020 to 2022, China represents an average of over 20%of Wisconsin’s imports, while Canada was about 15%and Mexico was 9%. From 2014 to 2016, before the pandemic and rates Trump performed in his first term, China represents over 26%, Canada averaged about 18.5%, and Mexico represents 11.6%. What products do this import? There are 30 products, at the four-digit level of the harmonized tariff schedule, where Wisconsin imported at least $ 100 million in 2023. From Canada, the best products include the return of repaired items, oil, chemical wood, cars and vehicles and paper. The best products from Mexico include medical, surgical, dental or veterinary instruments, electric transformers, static converters and inductors, cars and vehicles, tractors and telephone kits. Finally, from China, the best import includes pneumatic or electric hand tools, batteries, toys, selected medicines and furniture. Here is a more detailed consideration of 30 products that Wisconsin has imported at least $ 100 million in 2023. Of these three counts:

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