California Governor Gavin Newsom, along with Attorney General Rob Bonta, has initiated a lawsuit against President Trump's tariffs, claiming it undermines Congress's authority to regulate taxes. The lawsuit, the first of its kind from any state, highlights the serious economic repercussions for California, particularly in agriculture and technology sectors affected by significant tariffs. With tariffs reaching as high as 145% on some imports, Newsom expressed concerns over potential price inflation and the adverse impact on industries like Nvidia. He described the tariffs as a historic tax increase and a self-destructive move for the U.S.
Gov. Gavin Newsom asserted that California's lawsuit against President Trump's tariffs aims to protect the state's economy, highlighting the detrimental impact on vital sectors like agriculture and technology.
During the press conference, Newsom emphasized that California stands to lose the most from the tariffs, calling the tax increase the 'largest in modern U.S. history'.
White House spokesman Kush Desai countered Newsom's claims, suggesting that attention should be directed towards California's internal issues rather than blocking federal tariffs.
Newsom characterized the tariffs as 'the worst own-goal in the history of this country,' emphasizing their self-destructive potential on California's economy.
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