California Governor Gavin Newsom is doubling down on economic collaboration with China despite escalating U.S.-imposed tariffs, branding the Golden State as a “stable partner” in turbulent times. 🌟
A ‘Hand of Partnership’, Not Rivalry
In an interview with Nikkei Asia, Newsom emphasized mutual dependency in global trade: “It’s not a zero-sum game.” The governor highlighted California’s multi-level cooperation pacts with China, from city deals to national strategies forged during his 2023 visit.
Pushing Back Against ‘Disproportionate’ Tariff Pain
Newsom criticized Trump-era tariffs as damaging to California’s tech hubs, tourism, and small businesses, costing the state billions. 💸 “The credibility hit is incalculable,” he warned, referencing Silicon Valley’s deeply integrated Asian supply chains.
Lawsuits and Looming Losses
California became the first state to sue the Trump administration over tariffs in April, calling them an abuse of emergency powers. Trade experts predict $170B in import taxes by 2025 if current policies hold. 📉
Economic Powerhouse Status
California’s 2024 GDP overtook Japan’s, cementing its rank as the world’s fourth-largest economy if standalone. 📊 “We’re proof that collaboration fuels growth,” Newsom said, urging global partners to “look beyond politics.”
