{"id":23328,"date":"2025-04-04T16:43:09","date_gmt":"2025-04-04T16:43:09","guid":{"rendered":"https:\/\/www.insurancejournal.com\/?p=818549"},"modified":"2025-04-04T16:43:09","modified_gmt":"2025-04-04T16:43:09","slug":"newsom-says-california-to-seek-tariff-exemptions-from-allies","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/04\/04\/newsom-says-california-to-seek-tariff-exemptions-from-allies\/","title":{"rendered":"Newsom Says California to Seek Tariff Exemptions From Allies"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/img\/social\/opengraph\/ij-social-default-1200x630.png\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"nav nav-tabs tabs tabs-entry\">\n<li class=\"active\"><a href=\"https:\/\/www.insurancejournal.com\/news\/west\/2025\/04\/04\/818549.htm\">Article<\/a><\/li>\n<li><a href=\"https:\/\/www.insurancejournal.com\/news\/west\/2025\/04\/04\/818549.htm?comments\" rel=\"nofollow\">1 Comment<\/a><\/li>\n<\/ul>\n<div class=\"article-content clearfix\">\n<p class=\"bloomberg\">Gov. Gavin Newsom said he\u2019s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships, casting the state as a buffer against the fallout of Donald Trump\u2019s sweeping tariff plan.<\/p>\n<p>In a post on X on Friday, Newsom said that he has directed his administration to reassure allies that \u201cCalifornia remains a stable trading partner,\u201d even as Trump pushes for a 10% across-the-board tariff on imports and steeper tariffs for some nations.<\/p>\n<div class=\"bzn bzn-sized bzn-intext\">\n<ins data-revive-zoneid=\"79\" data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>\u201cDonald Trump\u2019s tariffs do not represent all Americans,\u201d Newsom said. \u201cTO OUR TRADING PARTNERS AROUND THE GLOBE \u2014 California is here and ready to talk.\u201d<\/p>\n<p>TO OUR TRADING PARTNERS AROUND THE GLOBE \u2014 California is here and ready to talk.<\/p>\n<p>We will not sit idly by during Trump\u2019s tariff war.<\/p>\n<p>We make up 14% of the US GDP. We\u2019re the 5th largest economy in the world.<\/p>\n<p>We\u2019re not scared to use our market power to fight back against the\u2026 pic.twitter.com\/yTfbcWW1sO<\/p>\n<p>\u2014 Gavin Newsom (@GavinNewsom) April 4, 2025<\/p>\n<div class=\"bzn bzn-sized bzn-intext-2\">\n<ins data-revive-zoneid=\"162\" data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>When contacted for comment, Newsom\u2019s office declined to provide specifics on outreach to countries or policies his administration is pursuing. They also didn\u2019t provide additional details on how California would navigate the constitutional limits on states negotiating their own trade terms. While Newsom cannot enter binding international agreements with foreign nations, the governor can pursue informal partnerships and export promotion efforts such as state-led trade missions.<\/p>\n<p>California accounts for roughly 14% of the nation\u2019s gross domestic product and ranks as the fifth-largest economy in the world. Newsom said that economic weight \u2014 paired with the state\u2019s population of 40 million \u2014 gives California leverage on the global stage.<\/p>\n<p>But it also makes California more vulnerable to global trade disruptions, particularly as major US trading partners begin to retaliate. On Friday, China announced it would impose a 34% tariff on all US imports starting April 10, mirroring the rate of Trump\u2019s proposed \u201creciprocal\u201d tariffs. A day earlier, Canada said it would tax US auto imports in response to Trump\u2019s move to slap new tariffs on foreign-made cars.<\/p>\n<p>The state is a key player in agriculture and US manufacturing, including semiconductors, computer equipment and vehicles \u2014 sectors that are being targeted in the trade dispute.<\/p>\n<p>California exported $24 billion in agricultural goods in 2022, nearly 13% of total US farm exports. Almonds topped the list at $4.7 billion, followed by dairy products, pistachios and wine. Top buyers include Canada, the European Union, China and Hong Kong.<\/p>\n<p>In the X post, Newsom linked to a Fox News report citing a senior administration official who said the state is concerned about rising rebuilding costs after January\u2019s wildfires around Los Angeles and the potential for trade disruptions in the California-Baja border region.<\/p>\n<p>Much of the manufacturing in that area depends on cross-border supply chains, where components often travel back and forth between factories several times before becoming finished products.<\/p>\n<div class=\"copyright-notice quiet\">Copyright 2025 Bloomberg.<\/div>\n<p class=\"tagtag\"> <span class=\"tagtag\">Topics<\/span> <a href=\"https:\/\/www.insurancejournal.com\/location\/california\/\" class=\"btn btn-sm btn-primary tagtag\">California<\/a> <\/p>\n<\/p><\/div>\n<div class=\"subscribe-banner subscribe-banner-in-content-2\">\n<div class=\"content\">\n<h4>The most important insurance news,in your inbox every business day.<\/h4>\n<p>Get the insurance industry&#8217;s trusted newsletter<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Article 1 Comment Gov. Gavin Newsom said he\u2019s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships, casting the state as a buffer&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":23329,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[950,995,1,1385,9],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2025\/04\/newsom-says-california-to-seek-tariff-exemptions-from-allies.png","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23328"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=23328"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/23329"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=23328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=23328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=23328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}