On Saturday, President Trump announced he would enact 25% tariffs on goods from Canada and Mexico and a 10% tariff on goods from China. Canadian Prime Minister Justin Trudeau announced Canada would retaliate with tariffs on American exports. Apart from China these tariffs have now been delayed a month, and their ultimate future is uncertain. |
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What would it mean for you and your family if food and necessary expenses cost you $1,000 more per year? What would having $1,000 dollars less a year mean for you and your family? |
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Are there other ways you know tariffs could impact you? Could it affect your job? Please share your thoughts by filling out this form: Share Your Story |
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Canada is Iowa’s largest foreign trading partner - we export about $3.5 billion worth of goods and import over $1 billion worth of goods. Our agricultural sector, and the manufacturing jobs that go along with it, are particularly vulnerable to trade wars. |
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The impact on our overall economy will take a little time to play out if they're enacted, but Iowa consumers can expect higher prices very quickly. Everyday items like canola oil, fertilizer, car parts, and electronics will be 25% more expensive. Even gasoline will be hit with a 10% tariff. |
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All in all, the non-partisan Tax Foundation estimates the cost of these tariffs will be about $1,000 for the average family. So we want to hear from you. |
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Hearing from Iowans about the real impacts of policy is how we are going to start to turn our state around. Help us to tell your story. |
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The Iowa Democratic Party, 5661 Fleur Dr, Des Moines, IA 50321 |
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