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Guess sources more from India, Bangladesh to avoid tariff risks in China
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Pic: Shutterstock Imports support more than 21 million jobs across the US, including a net positive number in every US state, according to a recent study commissioned by nine American business organisations. Nearly 8 million of the jobs related to importing are held by minorities and 2.5 million jobs are held by workers represented by unions. These jobs pay competitive wages.
The 10 states accounting for the largest number of import-related jobs are California, Florida, Georgia, Illinois, New Jersey, New York, Ohio, Pennsylvania, Texas and Virginia, said the report titled
Imports Work for American Workers.
Imports from key trading partners including Canada, China, the European Union and Mexico support a net positive number of US jobs. The vast majority (96 per cent) of companies who import are small or medium-sized businesses.