How Could Tariffs Affect California?
Update: 2024-12-05
Description
Cars, lumber and avocados are just a few items that could see their prices increase if president-elect Donald Trump’s proposed tariffs take effect. Throughout Trump’s campaign, he promised to impose tariffs on “day one,” but his targets — China, Canada and Mexico — are California’s biggest trading partners. Forty percent of the state’s imports come from China and Mexico. We look at which industries would be hit hardest, how businesses are preparing and whether consumers would have to pick up the check.
Guests:
Ana Swanson, trade and economics reporter, The New York Times
Don Lee, economics reporter, Los Angeles Times
Edward Alden, senior fellow, Council on Foreign Relations
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