WCIT Publications

The Importance of the US-Mexico-Canada Agreement for Washington State

The US-Mexico-Canada Agreement (USMCA) is vital to Washington state’s economic health, supporting trade relationships with the state’s two largest regional partners. From January to July 2025, Washington exported $6.7 billion in goods to Canada and Mexico—more than 20% of the state’s total goods exports—while importing $10.7 billion. The agreement provides critical tariff-free access that saved Washington businesses an estimated $90 million in direct tariff costs during this period. With certain industries relying on these markets for over 90% of their exports, and recent federal tariff actions threatening supply chains, the USMCA remains essential for protecting Washington exporters, stabilizing costs for importers, and sustaining thousands of jobs across the state. This report analyzes trade flows, tariff impacts, and the specific industries most dependent on North American trade partnerships.

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The Growing Importance of Digital Trade for Washington

Airplanes and agriculture may be the first Washington exports that come to mind, but services — and digitally enabled services in particular — are becoming ever more important. In 2024, Washington exported $37 billion in services, an increase of more than $10 billion (40%) since 2015.

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What Do the Tariffs Against Canada, Mexico, and China Mean for Oregon?

Discover how President Trump’s new tariffs on Canada, Mexico, and China could cost Oregon businesses over a billion dollars. Learn about the economic impact of these IEEPA-imposed taxes, the key products at risk, and how higher import costs could reshape Oregon’s trade landscape and consumer prices.

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