OLYMPIA, Wash. – President Trump’s “Liberation Day” tariffs could cost Washington $2.2 billion and 31,900 jobs over the next four years, a recent analysis from the Washington State Office of Financial Management (OFM) found.
To conduct its analysis, OFM identified the top state imports and exports, using current statistics to make future projections if the tariffs were to continue throughout the remainder of Trump’s second term.
Washington faces particular impacts of the tariffs as the state’s economy relies heavily on international trade. According to the U.S. Census Bureau in 2025, Washington ranked 9th in exports and 15th in imports among all 50 states.
“On April 15, 2025, China responded to new U.S. tariffs by instructing its airlines to halt all future deliveries of Boeing jets, de