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Tariffs are set at the national level but impact states differently. Some states depend on global exports like cars and electronics, while others rely on imported items, such as car parts, to support local industries and supply chains.
It's important to consider how interconnected the U.S. economy is at the state level with the movement of goods entering and leaving the country. While it's still too early to assess the impact of recent trade changes, now is a good time to take a broader look at export and imports state by state.
The National Association of REALTORS® examined each state's exports and imports relative to its gross domestic product.