According to Axios, California Governor Gavin Newsom stated on Friday that he is negotiating agreements with other countries to ensure California is exempt from retaliatory tariffs amid Trump's escalating trade war. Newsom, seen as a potential US presidential candidate in 2028, is seeking to protect California from the negative impacts of the trade war. "Donald Trump's tariffs do not represent all Americans. I have instructed the California government to find new trade opportunities and remind global trade partners that California remains a stable partner," Newsom said in a video released on Friday. He described California as the "backbone of the American economy" and emphasized the state's commitment to maintaining "stable trade relations" globally. Newsom wrote on X platform (formerly Twitter) that California is "ready to dialogue with global trade partners". He also stated that California is not afraid to leverage its market influence "to push back against the largest tax increase of our generation".
California governor seeks tariff exemption for state in Trump trade war
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
