exports

When President Donald Trump follows through on his plan to tax imported steel and aluminum, American farmers will get less money for some crops and pay more for machinery.

Farm groups say their members worry the countries targeted by the tariffs (the list of which has not been finalized by the Trump administration) will tax farm products. The European Union already has threatened imports of corn, rice, cranberries, peanut butter, kidney beans, orange juice and even bourbon, which is usually made from corn.

There is a slight silver lining for consumers, however, because prices of those products may drop in the U.S.

Rebajae / Wikimedia Commons

The Dallas Morning News has written an appeal to President Trump, urging him not to cut off Texas’s economic contact with its neighbor to the south.

The editorial noted that Mexico is one of the key reasons the Lone Star State’s economy has been strong in recent years. And, the editors stated, threatening a trade war over the building of a border wall will hurt Texas more than any other state.

50states.com

Rural Colorado is most at risk in Trump trade war with Mexico.

As The Denver Post reports, if the Trump Administration imposes a 20 percent levy on Mexican imports to help pay for a border wall, a move that could cause Mexico to retaliate, it would put Colorado’s ranchers, manufacturers and natural gas producers at risk.

Amarillo exports soar

Sep 25, 2014

Amarillo exports total $581 million in 2013.