April 4, 2025 • 7 mins
No state is better positioned to navigate this policy shift than the Free State of Florida.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
You have questions, Brian has answers. It's time for today's
Q and A of today. This is the Brian mud Show. Yeah,
today's QNA.
Speaker 2 (00:14):
How will Trump's tariff policy impact Florida. This is brought
to you by mom Listen Ashes, check Mark Collections. Each
day a feature a listener question that is sent by
one of these methods. You may email me Brian Mud
at iHeartMedia dot com, hit me up on social at
Brian Mud Radio. May also use the iHeartRadio talk back feature.
(00:35):
Just go to wjn NO or via Patriot inside of
the iHeartRadio app. When you get there, you can make
us your number one preset and that makes it super
easy for you to get to us listen on demand
anywhere you go HD so great. And by the way,
since you're doing that, you can make the Brian Mudshow
podcast my podcast your number two preset. Same thing, and
never miss any of my content. You may also look
(00:58):
for a little microphone button. You see it, you tap it,
you may leave a message right there, maybe for a
future Q and A.
Speaker 1 (01:05):
And by the way, I would love.
Speaker 2 (01:06):
To get your thoughts on all the tariffs stuff as well,
so go ahead and hit us on the talk back
and let us know your thoughts about the tariffs, and
we'll say about playing some of those back on Monday.
Speaker 1 (01:18):
Today's note is.
Speaker 2 (01:19):
This, Hi, Brian, thank you for always informing and entertaining.
Speaker 1 (01:25):
I got a kick out of you and Joel Joel.
Speaker 2 (01:28):
I like it when I get my a name check,
it's going to say you get a kick out out
of being recognized.
Speaker 1 (01:33):
Yeah, yeah, who doesn't.
Speaker 2 (01:35):
I know it's early to infer what's going to happen
with the Trump tariffs, but I would imagine that some
states will be impacted more than others. How do you
think Florida will fare compared to two other states? Well, um,
you come to the right place first, a word from
our president.
Speaker 1 (01:53):
You want to know how we're going to fare compared comparatively.
Speaker 2 (01:56):
The markets are going to boom the stop He's gonna boom,
The country is going to boom, and.
Speaker 1 (02:00):
The rest of the world wants to see, is there
any way that can make a deal.
Speaker 2 (02:03):
There you go, It's going to be boom, boom, boom.
Joel's doing old dance. We cannot get the cameras in
here quickly enough. We will soon have this on video
live where you can see the best show that takes place,
which isn't what happens on the air, but Joel's reaction
often to what I'm saying, or in that case the President.
(02:25):
You've raised great question, and it's a good one to
explore in depth. The impact of tariff policies is not
going to be the same in every state. You've got
all kinds of different factors, like the economic structure of
a state, the manufacturing base of a state, what it
is that is being manufactured, what it is that's being
imported and exported, all these different factors. And so, for example, China,
(02:49):
which will soon face a fifty four percent tariff by
the way, they have issued a retaliatory tariff against us
this morning. But the Trump tariff's all star April ninth,
and so a lot of things are going to start
changing around then states with strong times in Chinese imports,
they're probably gonna end up feeling the greatest impact by
(03:10):
the time it's all said and done. But but there's
another dynamic that goes into it when it comes to
like the Chinese stuff, there's not a ton from the
import side a difference between states, but there is based
upon who states tend to do the most business with
on the export side. So I'm going to start you
(03:31):
out with an analysis of Census Bureau and USA Trade
Online data, and if we take a look at the
overall most exposed state to the import tariffs the import teriffs. First,
what state do you think would be the most impacted
by import tariffs? I could give you like a dozen
(03:52):
of these and I still don't think you would get there.
The survey says Montana, Montana, and that's largely due to
why geography has much to do with it, their dependence
on Canadian imports, which, by the way, that is a
big thing. If we take a look at the five
most impacted states from import tariffs, they are, in this order, Montana,
(04:19):
New Mexico, Vermont, Michigan, and Maine. Now what do all
those states have in common. We're not going to look
to Joel Fernans from this one. It didn't go so
wealth the first time. A clear pattern emerges here. All
our border states right positioned along either the northern or
(04:43):
southern edges of the US, and those states tend to
do a lot more business with either their Canada or Mexico,
depending upon that geography. So okay, that's that piece, Where
does Florida fit into the picture?
Speaker 1 (04:59):
Then?
Speaker 2 (04:59):
On import how vulnerable are we to the import side? Well,
you might assume that Florida home to the sixteenth largest
economy in the world global tourism magnet, maybe we'd be vulnerable.
Speaker 1 (05:09):
To these tariffs.
Speaker 2 (05:10):
What do you think, Joel, I think we are less
likely to be vulnerable, and you are right, You are right, sir,
we are less Florida ranks forty seventh in terms of
vulnerability to import tariffs. Only Delaware, Maryland, and New Jersey
(05:31):
are less affected by us. You take a look at
a lot of what goes on with our economy, A
lot of it is domestic based. I mean, you take
a look at our natural beauty and the tourism it attracts.
Obviously that's not a tariff based scenario. You take a
look at even our manufacturing. It's the agriculture, it's medical science,
that type of thing, and a lot of that stays domestic.
(05:53):
So you can kind of look at Florida's being pretty
self sufficient as far as state economies go. All right,
So what about exports? How about the other side of this?
What states are most exposed to the export tariffs?
Speaker 1 (06:05):
Now?
Speaker 2 (06:05):
Well, the states most vulnerable to retaliatory taroffs are in
this order, North Dakota, New Mexico, South Dakota, Michigan, and Missouri.
The only one that really is a lot different than
the others, there's Missouri, and that's their corn exports. Their
corn exports used a lot by particularly in Mexico, but
other countries generally. Florida, by contrasts, we're even less vulnerable
(06:29):
to export terriffs than we are to import tarrio.
Speaker 1 (06:31):
We're forty ninth forty ninth in the country.
Speaker 2 (06:33):
Only Hawaii has less exposure to export tariffs, and that
is again because the vast majority of what Florida produces
is domestic in terms of where it goes.
Speaker 1 (06:44):
So what does it all mean for the broader context?
Speaker 2 (06:46):
New Mexico stands out as the most exposed state, Florida
and Maryland tied for the least impacted states in the nation.
Doesn't mean we're obviously going to be entirely immune, but
as immune as any anyway. So one more thing that
you can appreciate about the free state of Florida
You have questions, Brian has answers. It's time for today's
Q and A of today. This is the Brian mud Show. Yeah,
today's QNA.
Speaker 2 (00:14):
How will Trump's tariff policy impact Florida. This is brought
to you by mom Listen Ashes, check Mark Collections. Each
day a feature a listener question that is sent by
one of these methods. You may email me Brian Mud
at iHeartMedia dot com, hit me up on social at
Brian Mud Radio. May also use the iHeartRadio talk back feature.
(00:35):
Just go to wjn NO or via Patriot inside of
the iHeartRadio app. When you get there, you can make
us your number one preset and that makes it super
easy for you to get to us listen on demand
anywhere you go HD so great. And by the way,
since you're doing that, you can make the Brian Mudshow
podcast my podcast your number two preset. Same thing, and
never miss any of my content. You may also look
(00:58):
for a little microphone button. You see it, you tap it,
you may leave a message right there, maybe for a
future Q and A.
Speaker 1 (01:05):
And by the way, I would love.
Speaker 2 (01:06):
To get your thoughts on all the tariffs stuff as well,
so go ahead and hit us on the talk back
and let us know your thoughts about the tariffs, and
we'll say about playing some of those back on Monday.
Speaker 1 (01:18):
Today's note is.
Speaker 2 (01:19):
This, Hi, Brian, thank you for always informing and entertaining.
Speaker 1 (01:25):
I got a kick out of you and Joel Joel.
Speaker 2 (01:28):
I like it when I get my a name check,
it's going to say you get a kick out out
of being recognized.
Speaker 1 (01:33):
Yeah, yeah, who doesn't.
Speaker 2 (01:35):
I know it's early to infer what's going to happen
with the Trump tariffs, but I would imagine that some
states will be impacted more than others. How do you
think Florida will fare compared to two other states? Well, um,
you come to the right place first, a word from
our president.
Speaker 1 (01:53):
You want to know how we're going to fare compared comparatively.
Speaker 2 (01:56):
The markets are going to boom the stop He's gonna boom,
The country is going to boom, and.
Speaker 1 (02:00):
The rest of the world wants to see, is there
any way that can make a deal.
Speaker 2 (02:03):
There you go, It's going to be boom, boom, boom.
Joel's doing old dance. We cannot get the cameras in
here quickly enough. We will soon have this on video
live where you can see the best show that takes place,
which isn't what happens on the air, but Joel's reaction
often to what I'm saying, or in that case the President.
(02:25):
You've raised great question, and it's a good one to
explore in depth. The impact of tariff policies is not
going to be the same in every state. You've got
all kinds of different factors, like the economic structure of
a state, the manufacturing base of a state, what it
is that is being manufactured, what it is that's being
imported and exported, all these different factors. And so, for example, China,
(02:49):
which will soon face a fifty four percent tariff by
the way, they have issued a retaliatory tariff against us
this morning. But the Trump tariff's all star April ninth,
and so a lot of things are going to start
changing around then states with strong times in Chinese imports,
they're probably gonna end up feeling the greatest impact by
(03:10):
the time it's all said and done. But but there's
another dynamic that goes into it when it comes to
like the Chinese stuff, there's not a ton from the
import side a difference between states, but there is based
upon who states tend to do the most business with
on the export side. So I'm going to start you
(03:31):
out with an analysis of Census Bureau and USA Trade
Online data, and if we take a look at the
overall most exposed state to the import tariffs the import teriffs. First,
what state do you think would be the most impacted
by import tariffs? I could give you like a dozen
(03:52):
of these and I still don't think you would get there.
The survey says Montana, Montana, and that's largely due to
why geography has much to do with it, their dependence
on Canadian imports, which, by the way, that is a
big thing. If we take a look at the five
most impacted states from import tariffs, they are, in this order, Montana,
(04:19):
New Mexico, Vermont, Michigan, and Maine. Now what do all
those states have in common. We're not going to look
to Joel Fernans from this one. It didn't go so
wealth the first time. A clear pattern emerges here. All
our border states right positioned along either the northern or
(04:43):
southern edges of the US, and those states tend to
do a lot more business with either their Canada or Mexico,
depending upon that geography. So okay, that's that piece, Where
does Florida fit into the picture?
Speaker 1 (04:59):
Then?
Speaker 2 (04:59):
On import how vulnerable are we to the import side? Well,
you might assume that Florida home to the sixteenth largest
economy in the world global tourism magnet, maybe we'd be vulnerable.
Speaker 1 (05:09):
To these tariffs.
Speaker 2 (05:10):
What do you think, Joel, I think we are less
likely to be vulnerable, and you are right, You are right, sir,
we are less Florida ranks forty seventh in terms of
vulnerability to import tariffs. Only Delaware, Maryland, and New Jersey
(05:31):
are less affected by us. You take a look at
a lot of what goes on with our economy, A
lot of it is domestic based. I mean, you take
a look at our natural beauty and the tourism it attracts.
Obviously that's not a tariff based scenario. You take a
look at even our manufacturing. It's the agriculture, it's medical science,
that type of thing, and a lot of that stays domestic.
(05:53):
So you can kind of look at Florida's being pretty
self sufficient as far as state economies go. All right,
So what about exports? How about the other side of this?
What states are most exposed to the export tariffs?
Speaker 1 (06:05):
Now?
Speaker 2 (06:05):
Well, the states most vulnerable to retaliatory taroffs are in
this order, North Dakota, New Mexico, South Dakota, Michigan, and Missouri.
The only one that really is a lot different than
the others, there's Missouri, and that's their corn exports. Their
corn exports used a lot by particularly in Mexico, but
other countries generally. Florida, by contrasts, we're even less vulnerable
(06:29):
to export terriffs than we are to import tarrio.
Speaker 1 (06:31):
We're forty ninth forty ninth in the country.
Speaker 2 (06:33):
Only Hawaii has less exposure to export tariffs, and that
is again because the vast majority of what Florida produces
is domestic in terms of where it goes.
Speaker 1 (06:44):
So what does it all mean for the broader context?
Speaker 2 (06:46):
New Mexico stands out as the most exposed state, Florida
and Maryland tied for the least impacted states in the nation.
Doesn't mean we're obviously going to be entirely immune, but
as immune as any anyway. So one more thing that
you can appreciate about the free state of Florida
Popular Podcasts
40s and Free Agents: NFL Draft Season
Daniel Jeremiah of Move the Sticks and Gregg Rosenthal of NFL Daily join forces to break down every team's needs this offseason.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.