Since taking office, Trump has announced 25% tariffs on all imports from Canada and Mexico. These tariffs will bring an economic burden to many consumers and could also particularly affect businesses in New Mexico. Thomas Fellows, an economic commentator who covers tariffs, explained the effects the tariffs could potentially have on the state.

The White House published three separate Executive Orders that imposed blanket tariffs on Canadian, Mexican and Chinese imports. The Executive Orders are all similar in scope, with each having a unique justification for imposing the associated tariffs.

The Mississippi economy relies on trade with Canada, Mexico, China. What will happen when Donald Trump tariffs hit the state?