NEW YORK (WKZO AM/FM) — Moody’s Credit Rating agency says Michigan will take the biggest hit if the Trump Administration pulls the U.S. out of the North American Free Trade Agreement.
According to the Gongwer News Service, the Great Lakes State relies more than any other state on trade with Mexico and Canada, and would suffer more negative economic consequences if that trade were disrupted.
Moody’s says 27% of Michigan’s gross state product is dependent on trade through the agreement, and Michigan is more reliant on the kinds of sensitive industries that are more vulnerable to a disruption of the deal.
Of course a lot of that has to do with the auto industry and the flow of parts and finished cars over the southern and northern borders.
