Gavin Newsom: “The impacts of [tariffs] have already forced and compelled…”

“I gave it a proof point. Plays an outsized role in in the revenue we generate in this state and our ability to support critical programs, including supporting farmers like Christine. The impacts of [tariffs] have already forced and compelled me to adjust the budget that I will be submitting in May. The May revise will reflect a downgrade in economic outlook in this state. I have been meeting consistently in the last few weeks with economists, not only state economists, independent …” (11:27–32:35)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.