Southern California's trade industry in 2022 supported nearly 2 million jobs and contributed nearly $300 billion in direct economic output. Trump's tariffs could tank operations.
President Trump’s tariffs, along with growing land-use and environmental regulations, could devastate Southern California’s nearly $300-billion trade and logistics industry in the coming years, according to a Los Angeles County Economic Development Corp. report released Tuesday.
The report, commissioned last year by the public policy group Southern California Leadership Council, comes as economists and business owners alike raise alarm about the toll an escalating trade war could take... [Short citation of 8% of the original article]
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