Oregon Among States Least Affected by Trade War With Mexico
Thursday, February 09, 2017
GoLocalPDX News Team
Oregon is one of the least affected states in the country by a trade war with Mexico.
According to a study bone by WalletHub, Oregon ranks as the 45th most affected state in the US.
“The border between the U.S. and Mexico may soon expand into a 40-foot-high, 1,000-mile-long concrete barrier separating us from them.
If and when the president’s plan comes to fruition, experts predict it will trigger a trade war between our two nations.
But the impact of the economic fallout will be different for every state,” said WalletHub.
Oregon is ranked 45th behind New York and Idaho who rank 43rd and 44th respectively. Oregon is ranked ahead of Washington and Montana who rank 46th and 47th respectively.
Texas is ranked as the state that will be most affected by a trade war, while Georgia is ranked as the state that will be least affected.
See the full rankings in the map below.
To determine which states will be most and least affected by a trade war with Mexico, WalletHub’s analysts compared the 50 U.S. states and the District of Columbia across five key metrics. Each metric was graded on a 100-point scale, with a score of 100 representing the least favorable outcome for a state.
They then calculated the overall score for each state and the District based on its weighted average across all metrics and used the resulting scores to construct our final ranking.
- Exports to Mexico as a Share of Total State Exports: Full Weight (~20 Points)
- Exports to Mexico as a Share of State GDP: Full Weight (~20 Points)
- Imports from Mexico as a Share of Total State Imports: Full Weight (~20 Points)
- Imports from Mexico as a Share of State GDP: Full Weight (~20 Points)
- Share of Jobs Supported by Trade with Mexico: Full Weight (~20 Points)