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economists warned that if Trump imposed major tariffs, the reactions from trading partners could lead to billions of dollars in losses for California’s agriculture industry. UC Davis Professor ...
A clampdown on international trade could wreak billions of dollars worth of havoc and undercut the state’s commanding position in the global economy.
The U.S. Department of Agriculture estimated that in 2018 U.S. farmers took a $27 billion hit from retaliatory tariffs. In California, tree nut growers suffered the biggest losses at $239 million.
California must also invest in climate solutions in other sectors, such as energy, transportation and buildings. But agriculture is underfunded relative to its impact. While agriculture accounts ...