r/Albuquerque • u/Cloudsleeper11 • 1d ago

California to Negotiate Trade With Other Countries to Bypass Trump Tariffs

https://www.newsweek.com/california-newsom-trade-trump-tariffs-2055414
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10

u/Mrgoodtrips64 1d ago

What does this have to do with Albuquerque?

20

u/Evening-Guarantee-84 1d ago

Tariffs affect New Mexican people, too. If CA can cut deals, we can benefit by avoiding increases in cost to NM businesses that import through CA ports.

7

u/zapitron 1d ago

I might be misreading it, but I think the tariffs that governors want to (and maybe can) avoid are the retaliatory tariffs on our exports.

States can't make deals to reduce the taxes we pay. The feds want our money and they're going to get it. But other countries can tune their tariffs to apply to different states. So, for example, if someone elsewhere wants some New Mexico chile, maybe their country could charge less tax on that (while still taxing the hell out of Kentucky bourbon, for example), in exchange for .. I dunno, something.

They might do it simply to keep mutually-beneficial commerce going with states who "aren't the problem" (i.e. voted for free markets, i.e. blue) but I think more likely, they'd want some consideration. TFA is pretty vague about what Newsom is offering them, though.

5

u/jump-back-like-33 1d ago

You are not misreading. This is CA asking not to reverse tariff their goods. It is not CA making separate trade deals or something.

1

u/Evening-Guarantee-84 1d ago

Well damn. I misread then.