Nasdaq down over 2%. As I speak, the uncertainty is pronounced and it is profound in the state of California. Consider just the imports coming from Mexico, Canada and China. 44% of all imports into California come from Mexico, Canada, and China. just those three countries. $197.3 billion in 2023. The impacts of these tariffs, particularly on those three countries, disproportionately impact the state of California. Across the spectrum, the impacts are off the charts. (13:23–13:31)
CLAIM
Asserts that nearly half of California's imports are from these three countries.
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