Trump administration's immigration & trade policy hits California

Impact of Immigration Policies and Raids - Raids and immigration policy changes have instilled fear in the immigrant workforce, leading to potential self-deportation [1] - Accommodation and food services sectors in California, heavily reliant on immigrant labor, are particularly vulnerable [1] - Businesses in Los Angeles experienced a chilling effect, impacting tourism, with Open Table data showing a 3% year-on-year dining decline from June 7th to 21st [1] - One restaurant in downtown LA saw a 70% sales decline in June due to closures and curfews [1] Economic Contributions of Immigrants - Undocumented immigrants in California contribute approximately 23 billion dollars annually in state, federal, and local taxes [1] - Nearly half of their 10 billion dollars in state and local taxes come from sales and excise taxes due to their spending power [1] Trade and Tariffs - California faces the highest tariff burden in the US, totaling 113 billion dollars [1] - Businesses are facing increased costs due to tariffs on imported goods, such as French wine and Japanese sake [1] Business Environment Challenges - Businesses are facing a challenging environment due to the pandemic, Hollywood writer strikes, fires, and a tougher local regulatory landscape [1]