If your state exports goods and services to China or Mexico, you may want to pay closer attention to President-elect Donald Trump's latest pronouncements on global trade.
Anti-free-trade sentiment helped propel Trump to victory, and he's not waiting until he gets to the White House to demonstrate what his administration's trade policy might look like. He's already used his new bully pulpit to convince air-conditioner manufacturer Carrier to scale back announced job cuts as part of a shift in manufacturing to Mexico.
It's not clear how far Trump plans to go in singling out specific companies to try to influence their offshoring decisions, but he demonstrated again on Tuesday his penchant for bypassing government agencies and procedures by threatening to cancel a $4 billion government order with Boeing for a new Air Force One.
"Well, the plane is totally out of control, it's going to be over $4 billion for Air Force One program," he said. "I think it's ridiculous, I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money."
In a statement, Boeing said the project is in the planning stages and that the company "look(s) forward to working with the US Air Force on subsequent phases of the program allowing us to deliver the best planes for the President at the best value for the American taxpayer."
Beyond pressing individual companies directly, Trump has promised broader policies that could restrict the flow of exports that U.S. companies heavily depend on.
One of Trump's signature campaign pledges, for example, included repealing or overhauling the 1994 North American Free Trade Agreement with Canada and Mexico, the two top U.S. trade partners.
"We will either renegotiate it or we will break it," Trump said last fall, calling it "a disaster. Every agreement has an end. Every agreement has to be fair."
Trump has also vowed to raise tariffs on Mexico and China. Those higher tariffs would almost certainly cut into U.S. exports, which represent about $2 trillion, or roughly one-eighth of the nation's gross domestic product.
But that impact varies widely from one U.S. state to another, with West Coast states more heavily reliant on Chinese markets and border states seeing the biggest demand from Mexico.
After decades of liberalized trade deals and lower tariffs helped boost import and export traffic around the world, the engine of global trade is slowing. That's one reason the overall pace of the global economic growth remains relatively weak.
That wave of globalization has also produced a backlash — from American voters who've lost their jobs to British voters who voted in June to reclaim their independence from the European Union.