November 17, 2024 2:30 am
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Arizona stands to be the 6th hardest hit state in the country by proposed tariffs

The warehouse for MAS Melons & Grapes in Nogales, Arizona, is filled with produce imported from Mexico on its way to consumers in the U.S. Mexican produce would be among items subject to tariffs under a proposal from President Trump.

By Howard Fischer | Capitol Media Services via Arizona Daily Star

Arizona stands to be the sixth-hardest-hit state in the country by President Trump’s plan to impose a 5% tariff on goods from Mexico, increasing costs to the state’s consumers by about $452 million, an analysis from the U.S. Chamber of Commerce shows.

The chamber also said if the levy goes to 25% in October, as the president has threatened, that would translate to an additional nearly $2.3 billion paid by Arizonans.

Arizona Gov. Doug Ducey, however, was unimpressed, taking a swat of sorts Monday at businesses concerned about the effects of the president’s threatened tariffs on the state and national economy.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.