Trump's tariffs on Mexican imports threaten California's economy
CALI - BAJA
21-12-2024
Photo web
Publicado: 21-12-2024 10:21:06 PDT
Actualizado: 21-12-2024 10:23:00 PDT
Basic foods like tomatoes and avocados could see prices increase by up to 25%
California Governor Gavin Newsom has warned of the economic consequences the state would face if Donald Trump follows through on his promise to impose a 25% tariff on Mexican imports.
During a visit to the Otay Mesa border crossing near San Diego on December 5, Newsom highlighted that Mexico is California's main trading partner, accounting for nearly 19% of the state’s exports, which totaled $33.3 billion in 2022, according to the state’s Chamber of Commerce.
Newsom noted that Trump’s tariffs would increase the prices of products such as avocados and tomatoes, while retaliatory tariffs could harm California farmers by reducing foreign demand for grapes, nuts, and dairy products.
You might also be interested in its Spanish version: Aranceles de Trump a importaciones mexicanas amenazan economía de California
“This is one of the largest tax increases in history proposed by Donald Trump,” Newsom stated, emphasizing that California would be the state most affected by these policies.
California's economic dependence on Mexico makes the potential reinstatement of tariffs a significant threat to the Golden State’s economy. Information from LATIMES.
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