July 9, 2025 - 05:31
During a recent roundtable discussion with California Attorney General Rob Bonta, numerous business leaders expressed their frustration regarding the ongoing impact of tariffs stemming from the previous administration's trade policies. They highlighted that the uncertainty surrounding these tariffs is creating a challenging environment for their companies, leading to heightened anxiety about the future.
The business leaders articulated that the trade war has not only disrupted supply chains but has also resulted in increased costs for both businesses and consumers. This unpredictability is causing many to reconsider their investment strategies and operational plans. The fear of further tariff escalations looms large, with many expressing concerns about the long-term viability of their enterprises in such an unstable economic climate.
Bonta listened attentively as the leaders shared their experiences, emphasizing the importance of stable trade policies for the growth and sustainability of California’s economy. The discussion underscored the urgent need for clarity and support from state officials to navigate these turbulent economic waters.
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