Oregon Businesses Paid $2.89 Billion in Tariffs as Exports Fell $5.8 Billion, State Report Says

Oregon businesses paid $2.89 billion in tariffs on imports between March and December 2025, according to a report by three state agencies appointed by Governor Tina Kotek.

The agencies investigated the impact of the Trump administration’s increased tariffs on the local economy.

The State Suffered a $442 Million Tax Revenue Loss

Economists report that the increased tariffs resulted in a $5.8 billion (17.3%) decline in exports during the review period, and the state experienced a $442 million loss in tax revenue.

A survey of 870 Oregon businesses included in the report shows that more than 50% were impacted by higher costs related to tariff increases.

Oregon’s effective tariff rate differed slightly from the national average due to the state’s unique mix of imported goods. Estimates reveal a rate range from a low of 2% in March 2025, before the implementation of new tariffs, to a high of 15% during the fall of 2025.

Economists Say the Promise of More Employment Opportunities Has Not Materialized

The economists found that the Trump administration’s promise that increased tariffs would return supply chains to the U.S. and boost employment has not materialized.

Earlier this week, Oregon Attorney General Dan Rayfield joined 24 other states in a lawsuit opposing the latest tariff increases levied on imports from more than 80 countries.

This is not the first time that Oregon has taken legal action against the Trump administration. Rayfield, in coalition with other states, has successfully sued the federal government twice over tariff policies.

The report was produced by the Department of Administrative Services (DAS), the Oregon Business Development Department (OBDD), and the Oregon Employment Department (OED).