Louisiana Public Square - Tariff Tensions
Last year, the Federal Reserve Bank of Dallas released a study that ranked Louisiana among the top three states most vulnerable in a U.S. trade war with China. Tens of billions of dollars of investments in refining, chemical manufacturing and energy exports could stall if tariffs rise.China has long been the state’s largest soybean export market. While China announced it won't impose additional tariffs on U.S. soybeans in September, that’s likely to be temporary.