Industries Most Vulnerable to Escalating Trade War

Industries Most Vulnerable to Escalating Trade War
Agriculture: Targeted by China’s 15% tariffs on soybeans, meat, and grains, threatening $25B in annual U.S. exports and 1.3M jobs
Manufacturing:
Automotive: Tariffs disrupt supply chains (e.g., Tesla faced $50M cost hikes) and trigger layoffs (GM, Stellantis)
Heavy machinery/electronics: Reliant on Chinese components, facing cost surges and production relocations1
Energy: China’s tariffs on U.S. coal, LNG, and crude oil impact 600,000 workers.
Technology:
Hardware: Chipmakers (NVIDIA, Intel) and electronics exposed to supply chain disruptions and Chinese market dependencies.
Software: Less directly affected but vulnerable to data localization rules.
Political Targets: 3M workers in Trump-voting regions (Midwest/South) face disproportionate risks in agriculture and manufacturing.
Global supply chains and intermediate goods (50% of U.S. trade) remain critically exposed