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Here are 10 jobs that could take hits, depending onhow all this plays out in the coming months.
The ripple effects of 15% tariffs on agricultural products would impact an estimated 1.3 million American workers.
This sector is a particularly vulnerable target for retaliatory measures, due to its heavy reliance on export markets.
The complex international supply chains that characterize modern auto production make this industry especially susceptible to trade disruptions.
Manufacturing Jobs
Manufacturing workers across various industries face mounting pressure as tariffs increase production costs.
This includes steel workers, workers producing consumer goods and everything in between.
Approximately 4.8 million positions could be affected.
There are approximately 600,000 workers in these fields.
The impact will hit jobs at all levels in extraction, refinement and distribution roles.
Rural communities that rely on mining jobs will be hit even harder.
Tech Industry Positions
Workers in semiconductor manufacturing and hardware production will face significant challenges.
Chinas restrictions on high-tech material exports threaten supply chains.
This could also potentially affect research and development positions.
Funding for startups and emerging tech companies might be impacted, as well.
Higher prices mean less consumer spending, which threatens job security.
The effect cascades through the supply chain, affecting warehouse workers, delivery personnel and customer service positions.
Small Businesses
Escalating trade tensions make workers at small businesses vulnerable.
Job losses for small businesses can create ripple effects all throughout local economies, particularly in rural areas.
Transportation is directly connected to imports and exports, which makes it very sensitive to trade disruptions.
The potential layoffs could spread from major ports all the way to inland distribution centers.
Service Industry
The effects of trade wars can extend far beyond immediate impacts on manufacturing and agriculture.
Rising trade tensions could mean reduced business travel, fewer corporate events and tightened budgets.
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