California governor Gavin Newsom recently declared that the state remains open for trade with the Chinese mainland—even amid steep tariffs imposed by the Trump administration. As a tech powerhouse and economic giant, California stands as a reliable partner in today’s dynamic global market.
In an engaging online interview with Nikkei Asia, Newsom emphasized that global trade isn’t a zero-sum game. Whether it’s Silicon Valley innovations or the thriving efforts of small businesses, every part of California’s diverse economy benefits from open, collaborative relationships. 🌍
Highlighting the state’s impressive network of cooperation memorandums with the Chinese mainland and other partners, Newsom pointed out that the challenging 145% tariff environment has harmed sectors ranging from tourism to tech. He criticized trade policies that, in his view, have inflicted incalculable damage and urged fellow economies to steer clear of retaliatory measures.
Moreover, with its nominal GDP in 2024 surpassing that of Japan, California would rank as the world’s fourth-largest economy if it were an independent nation. By taking legal steps against what it deems unfair trade practices, the Golden State is not only defending its own interests but also championing a model of global economic interdependence.
At a time when trade tensions challenge economic stability, California’s open-hand approach serves as a refreshing reminder that collaboration—and a little innovation—are keys to thriving in a connected world. 🚀
Reference(s):
California offers 'open hand' to China amid trade war, says governor
cgtn.com
