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SoCal Matters

How Trump Administration's Tariffs Could Raise Costs in CA

Season 2024 Episode 249

As the Trump administration signals potential increases in tariffs on imports from key trade partners Mexico and China, California braces for economic impacts. These tariffs could exacerbate the state’s high cost of living by raising prices on essential goods. Economists warn of ripple effects on trade hubs like the Port of Los Angeles and the state’s interconnected supply chains.