If Donald Trump hoped that he could introduce high duties almost all over the world with impunity, he was wrong. China announced retaliation. Such declarations were also made by, for example, representatives of the European Commission.
As a result of the escalating trade war, everyone will lose. They see it, among others authorities of individual America's states. California Gavin Gavin Governor Gavin news was loud and asks for grace. According to CNBC, he tries to convince the countries that announce retaliation duties to released products produced in California from fees.
Gavin News said “strives to establish new strategic partnerships with international trade partners“He also noted that his state has close trade connections with Mexico, Canada and China.
“California has a huge economy. Trade partnership estimated at the beginning of this week that The golden state will be most affected by Trump's moves” – writes CNBC.
Potential costs of Donald Trump's new duties for individual American states. The darker the color, the greater the losses
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CNBC
California as an economy
California is USA richest and most economically diverseand its economy belongs to the world's largest – if it was an independent state, would have one of the highest positions in the global GDP ranking.
California is the seat of technological giants: Apple, Google (Alphabet), Meta (Facebook), Intel, Nvidia and many others. The San Francisco Bay Region is the World Center for Innovation and Startups. IT, Software, AI and Hardware are a significant participation in the economy.
See also: Trump's duties will hit the Americans in their pocket. Here are the calculations of Yale scientists
California is the largest agricultural state in the USA. It produces, among others: almonds, wine, strawberries, citrus, milk, vegetables.
The inhabitants of California have long been struggling with the high costs of life, especially real estate (San Francisco, Los Angeles). There are large income inequalities – a strong higher and technological class, but also a growing number of people in the crisis of homelessness.
It also has infrastructure and ecological problems: drought, fires, overloaded transport.
