r/politics New York 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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u/Archer1407 1d ago

Trump is going to launch a trade war against California in the next few days.

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u/pm_me_ur_ParusMajors North Carolina 1d ago

Considering how much agriculture and manufacturing actually come out of California, this would have a substantial impact on the rest of the US. The California gdp is as much as in the top 5 gdp's in the world.

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u/ciel_lanila I voted 1d ago edited 1d ago

Just looked the raw GDP numbers in case anyone is curious. .

  • US with CA: $30.338 trillion
  • European Union (as a whole): $20.29 trillion
  • China: $19.535 trillion
  • Germany: $4.922 t
  • Japan: $4.390 t
  • India: $4.270 t
  • California: $4.1 t
  • UK: $3.731 t
  • Skipping a few
  • Russia: $2.197 t

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u/Purple-Revolution-88 1d ago edited 1d ago

If you just go by the numbers, it's pretty clear that those other countries literally NEED to be able to sell to us. There is no other customer that is even close. If they try to cut us out of their trade, they will have to accept a tremendous pay cut. Even if they didn't actually cut their prices (which they would absolutely have to do to stop trading with us), the amount volume they would be able to sell would be slashed by half.

If we were sellers, they could do whatever they wanted, but the fact that we're the buyers is insurmountable.