Just think about the procurement in the state of California, meaning the state buys goods and services it we buy over $10 billion a year in IT and other non IT goods. The tariffs by definition have already had an impact on the cost of those goods. So that's a direct economic impact. I talked to you about the markets. Why do I bring up the markets? Because the markets in California play an outsized role in our budget. (31:51–31:56)
CLAIM
Asserts that tariffs have increased the cost of goods procured by California.
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