|
DiNapoli Report Examines Imports and Exports
in NYC Metro Area as Federal Government Considers Tariffs
The New York City Metropolitan Area accounted for more than $103 billion, (69%), of the value of goods imported to the state. In 2023, Europe provided the largest share of goods by value to the metropolitan area among all regions, according to a report released by Comptroller DiNapoli. The report, which examines imports into the New York part of the metro area, aims to help New Yorkers understand the potential effects of federal trade policy choices on their businesses and households.
“New York City is one of the country’s largest importers and exporters of goods, and its consumers and businesses could be negatively affected by new tariffs on goods traded with some of our biggest trading partners,” DiNapoli said. “Tariffs will likely raise costs for producers and consumers and may create higher operating costs for local businesses. The impact of these changes on the local and national economy are difficult to gauge and will take time to fully understand.”
Comptroller DiNapoli Remembers
Dr. Hazel N. Dukes
"Dr. Hazel N. Dukes leaves an enduring legacy," DiNapoli said. "She was not only a civil rights activist and social justice icon, but she was also a mentor and dear friend to me. In 2021, we had a great conversation where she discussed the history she witnessed and helped create. Please watch to learn more about Hazel, a New Yorker who made a tremendous difference."
|
|
ALSO IN THE NEWS THIS WEEK
Note: Some news links may require a paid subscription.
|
|
|
|
