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Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

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Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

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The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

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Bars, bowling alleys and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
Finance

A Potential Trade War May Hurt the Most Trump-Friendly Cities

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Mahita Gajanan
Mahita Gajanan
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By
Mahita Gajanan
Mahita Gajanan
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January 30, 2017, 1:15 PM ET
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The U.S. communities that voted for Donald Trump in the 2016 election are likely to fare worse in a potential trade war than the areas that voted for Hillary Clinton, according to a new report from the Brookings Institution.

The report, obtained by the Wall Street Journal, measured the “export intensity” of urban areas — or the local goods and service exports as a percentage of the local GDP in 2015 — to figure out which areas are most dependent on global economic access. Smaller cities in the Midwest and Southeast that voted Trump in 2016 were the most export intensive, according to the study.

The top five U.S. cities that depend the most on exports include Columbus, Ind.; Beaumont, Texas; Lake Charles, La.; Elkhart, Ind.; and Kokomo, Ind. Larger cities likely to be most affected in a trade war include Baton Rouge, La; Wichita, Kansas; New Orleans; Seattle; and Detroit, the report said.

Such communities have less flexibility to adapt to the effects of a trade war, Mark Muro, head of Brookings’ metropolitan policy program, told the Journal.

 

Trump has repeatedly promised to pull back on free trade, and signed an executive order on Jan. 23 to remove the U.S. from the Trans-Pacific Partnership.

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