3. Start a Trade War With China
Not only has Trump promised to raise tariffs on imports from China, he's hired U.C. Irvine professor Peter Navarro to head a newly created White House National Trade Council. Navarro is author of the subtly titled book, Death by China: Confronting the Dragon — a Global Call to Action.
California has more to lose from a trade war with China than any other state. As the L.A. Times recently reported , "About $143.6 billion in goods from China were shipped to the Golden State in 2015." And we sold about $14.3 billion in goods to China. According to the Times:
The high trade volume helps keep more than 30,000 workers employed at the Port of Los Angeles, where 6 of every 10 containers arrive from China. And the raw materials and finished products that pour in ensure California companies such as Apple and Intel remain among the most profitable brands in the world.
“California has more to lose because we are the gateway to the U.S.” for Asian exporters, said Sung Won Sohn, an economist at Cal State Channel Islands. “This is where the infrastructure, connections and merchants are.”Complete list (LAWeekly.com)
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