Video & Transcript Research : 'Trade Practices'
Page 26 of 500
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm
Joint Committee on Public Service
Transcript Highlights:
- I worked for the district attorney's office and had a private practice for 10 years.
- I worked for the district attorney's office and had a private practice for 10 years.
- time at private practice.
- , and because of my time at private practice.
- And I know in the way the world is now, there are so many trades coming up.
Summary:
The Joint Committee on Public Service held its third hearing of the 194th General Court session, taking testimony on several individual bills and home rule petitions, mostly involving retirement and pension-related relief. The committee chair outlined hearing procedures, including three-minute limits for individuals, ten-minute limits for panels, livestreaming, and the deadline for written testimony. At the end of the hearing, the chair noted that House matters heard that day must be reported by Friday, July 11, 2025, subject to extensions, and the committee adjourned after testimony concluded.
Several witnesses supported bills seeking retirement credit or pension adjustments for public employees. These included H. 2917 for Dedham-Westwood Water District employees seeking pension buy-in credit; H. 2976 for Eileen Mullen to purchase creditable service for teaching in a criminal justice pilot program; H. 2996 for Virginia Cummings, a retired Department of Correction lieutenant seeking greater pension parity; H. 2977 for Wendy Lopieri to buy back part-time community college service; and H. 2989 for Wayne Taylor, who said he was mistakenly credited for fewer years of select board service than he expected. Testimony emphasized long public service, injuries, and what witnesses described as unfair denials or flawed interpretations of retirement law.
The committee also heard testimony on bills involving post-retirement earnings and disability-related relief. Kevin Blanchett testified in opposition to H. 2931, arguing it would improperly reduce money owed to a regional retirement system and its members, while the bill’s sponsor argued the retirement board was seeking an excessive recovery based on law firm gross earnings rather than the individual’s earnings. Jamie Magarian described severe injuries from a 2018 crash and urged favorable action on his bill, with support from the State Police Association. Michael Palmer testified in favor of S. 1841, seeking to extend prior violent-crime retirement income-cap relief to his case after being shot on duty and later finding that even part-time private-sector work exceeded his retirement earnings limit.
CA
Transcript Highlights:
- My name is Michael Mark with the San Joaquin County Building Trades Council.
- And working with our partners in the building trades as well.
- AB 2415 provides a practical fix.
- AB 2296 remains an important and practical step in the right direction.
- Keith Dunn, on behalf of the State Building Construction Trades Council.
US
US Federal 2025-2026 Regular Session
Joint hearings with the House Select Committee on the Strategic Competition to examine financial aggression, focusing on how the Chinese Communist Party exploits American retirees and undermines national security. Apr 9th, 2025 at 01:30 pm
Aging (Special) Committee
Transcript Highlights:
- Commodity Futures Trade Commission.
- Why are they trading? I can't do that. How come they can?
- Particularly the Department of Justice and the Federal Trade Commission.
- They're still They're still trading. They're still raising capital.
- We've talked about the fact that they're able to trade on our exchanges.
Keywords:
Chinese Communist Party, retirement security, investment risks, SEC enforcement, Bipartisan action
Summary:
The meeting primarily addressed concerns regarding the impact of the Chinese Communist Party (CCP) on American investments and the financial security of retirees. The chair discussed legislation aimed at ensuring the protection of American investors against the risks posed by Chinese companies. There was a consensus among the members regarding the necessity to enforce existing policies that require compliance from foreign companies wishing to trade on American exchanges. The discussion included testimony from various stakeholders highlighting the urgent need to limit exposure to the CCP in retirement portfolios. Additionally, there were calls for increased accountability of regulatory bodies such as the SEC to better shield American investors from potential loss.
CA
California 2025-2026 Regular Session
Assembly Labor and Employment Committee Apr 2nd, 2025
Transcript Highlights:
- Keith Dunn here on behalf of the State Building and Construction Trades Council.
- It standardizes building practices across the community colleges, UCs, and CSUs.
- AB 1331 is not practical.
- AB 1331 is not practical.
- If they break that contract, how does that play out in practicality?
Summary:
The committee heard a series of labor-related bills, with most measures focused on worker training, privacy, wages, and safety. AB 296 would require schools or districts to host apprenticeship fairs at least once a year, with flexibility on how they are run and whether programs outside the county can participate. Supporters said it would help connect students to skilled trades and address workforce shortages; school administrators opposed the bill as an unfunded mandate that could be impractical for elementary schools. The bill was later moved on call, with the committee noting it could not vote until quorum was established.
AB 1221 and AB 1331 both addressed workplace surveillance. AB 1221 would restrict invasive monitoring tools, require notice to workers, limit the use and sharing of worker data, and require human review before discipline based on surveillance outputs. Labor groups supported the bill as a response to AI-driven monitoring, while business groups raised concerns about broad definitions, security cameras, investigations, and data-access provisions. AB 1331 focused more narrowly on privacy in off-duty and private spaces, limiting surveillance in places like restrooms, break areas, vehicles, and homes; hospitals and business groups opposed it as too broad and potentially disruptive to safety, cybersecurity, and facility monitoring. Both bills were advanced by committee vote.
The committee also heard AB 1181, which would require firefighter turnout gear to be free of cancer-causing chemicals such as PFAS by 2027, and AB 1198, which would require prevailing wage rates on public works to reflect the wage in effect when the work is performed rather than when the project was first advertised. Firefighter representatives strongly supported AB 1181, while the chemical industry asked to continue working on scope and timelines. AB 1198 drew support from labor and contractor groups but opposition from local governments and housing groups concerned about mid-project cost increases; it was passed to Appropriations after a roll-call vote. Other measures approved included AB 1235 on skilled-and-trained workers for CSU construction, AB 1251 on ghost job postings, AB 552 on locating the Agricultural Labor Relations Board office outside Sacramento, AB 1110 on updating Cal/OSHA workplace posters, AB 1136 on expanding high road training partnerships, and AB 1234 on wage claim enforcement. AB 692, which would ban employer debt agreements that require workers to repay training or other costs if they leave a job, drew strong support from nurses and labor advocates and opposition from business and health care groups; it was also passed on a roll-call vote.
WA
Washington 2025-2026 Regular Session
Citizen Commission for Performance Measurement of Tax Preferences Aug 6th, 2025
Citizen Commission for Performance Measurement of Tax Preferences
Transcript Highlights:
- My practice... ...been practicing since 2010.
- My practice focuses on Washington state and local tax, an area of specialty that I've been focused on
- We now have trade convention attendance. Thank you, Madam Chair.
- conventions, or more business participation in Washington trade conventions than in 2015.
- conventions or more business participation in Washington trade conventions than in 2015.
Summary:
The Citizens Commission for Performance Measurement of Tax Preferences met on August 6, 2025, with five commissioners present and a quorum. The commission approved the May 7, 2025 meeting minutes and welcomed new commissioner Scott Edwards, who introduced himself. Staff also confirmed the September meeting date had been changed to September 22, 2025 at 10:00 a.m. to accommodate his schedule, and noted that testimony questions for the public hearing would be used at that meeting.
JLARC staff then presented preliminary 2025 tax preference performance reviews covering nine preferences. For natural gas used as a transportation fuel, staff said the preferences reduce fuel costs but do not meet emissions-reduction goals, and recommended continuing the public utility tax and natural gas use tax exemptions while modifying reporting requirements; they also recommended continuing the marine-use LNG sales tax exemption and considering the Department of Revenue work group’s findings. For travel agents and tour operators, staff said the small-beneficiary rate appears to support smaller firms, while the larger-beneficiary rate should be reviewed and both should have clearer objectives and metrics. For nonprofit low-income housing development, staff said the preference is helping produce housing but the current metric does not align well with the objective, data/reporting problems remain, and the legislature should decide whether to continue and possibly modify the exemption, including considering annual renewal.
Staff also reviewed the multipurpose senior citizen centers exemption, concluding it meets its objective and recommending continuation, with possible consideration of making it permanent. For disabled veteran adapted housing, staff said the preference has very low uptake despite eligible veterans and recommended continuing it but modifying it in consultation with the Department of Veterans Affairs to improve use. For trade convention attendance, staff said the preference aligns Washington with other states and recommended continuation. For agricultural fertilizer and seed wholesaling, staff said the exemption reduces tax layering and recommended continuation, with clarification on whether it is exempt from expiration/performance-statement requirements. For agricultural crop protection products, staff said the preference met its revenue-growth metric and recommended extending it while considering better metrics or recategorizing it as tax relief. Finally, for energy sales to a silicon smelter, staff said the preferences were unused because the facility was never built and recommended allowing them to expire. The meeting ended with reminders about written testimony and the September public testimony session.
MN
Minnesota 2025-2026 Regular Session
House Floor Session 5/9/25 - Part 2
Minnesota House Floor Meeting
TX
Transcript Highlights:
- Referred to the Committee on Trade, Workforce and Economic Development.
- Referred to the Committee on Trade, Workforce and Economic Development.
- Referred to the Committee on Trade, Workforce and Economic Development.
- HB 1266, by again, relating to the credentialing of certain physician assistants and advanced practice
- HB 1308, by Tepper, relating to the employment practices of governmental entities, state contractors,
Summary:
The House met to read a large slate of newly filed bills and resolutions and refer them to committees. The measures covered a wide range of topics, including health care and insurance, public education, elections, criminal justice, public safety, taxes, transportation, agriculture, environmental regulation, higher education, housing, and local government. Several proposals focused on abortion and reproductive health, firearms, voter registration and ballot access, school curriculum and accountability, property tax and homestead issues, and state contracting and agency oversight. A number of constitutional amendments were also filed, including proposals on initiative and referendum, veto override authority, vaccination refusal, parental rights in education, gun rights, Medicaid expansion, and various tax exemptions.
No substantive debate, testimony, or votes occurred during this portion of the meeting; the clerk simply read the bills and resolutions and announced their committee referrals. The list included both general legislation and joint resolutions, with many items sent to standing committees and several to subcommittees. The House then adjourned without objection until 2 p.m. on Tuesday.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Labor and Workforce Development Jun 21st, 2026 at 11:00 am
Joint Committee on Labor and Workforce Development
Transcript Highlights:
- This unlawful practice disproportionately affects low wage and Leave and unemployment insurance.
- A company that size in a number of the trades, the ratio restrictions are just challenging.
- I company that size in a number of the trades the ratio restrictions are just challenging.
- We represent nine trade associations working with 15 union trades and contractors who negotiate with
- So, again, for the record, my name is Rich Marlin with the Mass Building Trade Unions.
Summary:
The Joint Committee on Labor and Workforce Development held a hybrid hearing on a large group of bills carried over from the previous session, with Chair Jake Oliveira and House Co-Chair Paul McMurtry outlining the process and limiting testimony to three minutes. The committee heard testimony on several labor and workplace proposals, including bills to harmonize employee definitions to address misclassification (SB 1338/HB 2141), expand bereavement leave (including H. 2189/S. 1354 and related bills), protect collective bargaining rights for certain administrative employees (HB 268/SB 1306), expand commuter transit benefits (HB 2153/SB 1345), regulate employer use of credit reports (S. 1286), and require apprenticeship participation or OSHA-related workplace safety measures on public projects. At the end of the hearing, the chairs read into the record additional bills that did not receive testimony that day.
Supporters of the misclassification bill, including Greater Boston Legal Services and the AFL-CIO, said aligning the employee-status tests across wage, unemployment, and PFML laws would reduce confusion, improve enforcement, and help workers wrongly treated as independent contractors or managers recover benefits and bargaining rights. NAGE and its representative argued that public-sector employees have been improperly reclassified into management titles to weaken unions, and that the bill would force the Division of Labor Relations to review those titles. On bereavement leave, advocates including the Louis E. Brown Peace Institute, a state representative, the Massachusetts Office for Victim Assistance, and individual survivors described the impact of sudden loss and homicide on families, saying guaranteed leave would help workers grieve, make arrangements, and avoid losing jobs or custody-related stability. The committee also heard support for commuter benefits as a low-cost way to reduce emissions and increase transit use, and for restricting employer credit checks because of inaccuracies and discriminatory effects.
There was opposition to some construction-related bills. The Associated Builders and Contractors and the Building Trades Employers Association supported apprenticeship training in principle but said current apprentice-to-journeyworker ratios are outdated or misunderstood, and that the bills should be amended or clarified before advancing. The Massachusetts landscape and snow-removal industry strongly supported a snow-liability limitation bill, arguing that hold-harmless clauses and broad indemnification requirements force contractors to assume liability for conditions they cannot control, drive up insurance costs, and threaten business viability. The committee did not take any votes during the hearing, and the session ended with the chairs thanking members, staff, and the public before adjourning.
LA
Transcript Highlights:
- Just like the bill before you, they consider it an unfair trade practice and outlawed it in Indiana.
- ...you, they consider it an unfair trade practice and outlawed it in Indiana.
- And unfair trade practices, if they violate them, that goes before the Attorney General for prosecution
- So if it's not happening on both ends: unfair trade practices.
- So if it's not happening on both ends: unfair trade practices.
Keywords:
survivor benefits, law enforcement, reserve officer, auxiliary officer, public safety, firefighters, medical expenses, dental expenses, disability benefits, Medicaid, dental coverage, healthcare access, medical necessity, Louisiana Department of Health, health insurance, provider agreements, contracting actions, participating facilities, network status, survivors benefits
NH
Transcript Highlights:
- HB 238 is vital to fair employment practices.
- HB 238 is vital to fair employment practices.
- workers then please support our trades workers then please support our trades folks<01:08:48.440
- inherent aspect of international trade inherent aspect of international trade the<03:41:59.760><
- companies navigate foreign trade companies navigate foreign trade regulations<03:42:16.279>
and
TX
Transcript Highlights:
- And these practices have real consequences.
- The discriminatory practices we're fighting against are not abstract.
- Also provides an enforcement mechanism through the existing Deceptive Trade Practices Act and the Declaratory
- and relied upon false and misleading statements, implicating state deceptive trade practices laws.
- You're not even publicly traded. You're a family farm.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
Summary:
The committee heard Senate Bill 945, 946, 2044, 2819, 2403, 2337, and 312, with all bills left pending after testimony. SB 945 would restrict insurance companies from denying or limiting coverage based on oil and gas activity or ESG-related goals, and supporters argued it would protect Texas energy producers from politically motivated shareholder activism and insurance discrimination. SB 946 would bar creditors from using social credit, ESG, DEI, or religious/political affiliation as a basis for denying or limiting credit; witnesses said it would prevent viewpoint-based financial discrimination and protect access to capital for Texas businesses. SB 2337 would require proxy advisory firms to disclose when recommendations are based on non-financial factors or when they give conflicting advice to different clients; supporters said the measure would increase transparency and curb ESG-driven influence over shareholder voting. SB 312 would direct public retirement systems to focus on financial returns rather than social or political objectives, with the author saying the bill responds to activist pressure on pensions and would reinforce fiduciary duty.
The committee also took up election and ethics measures. SB 2044 would strengthen electioneering restrictions for publicly funded education institutions and personnel, prohibiting use of official resources to promote political agendas; testimony focused on alleged school district electioneering in bond and tax elections. SB 2819 would prohibit county elections administrators from holding certain officer positions appointed by elected officials, addressing potential conflicts of interest. SB 2403, the Texas Ethics Commission sunset bill, would restructure complaint handling with a three-tier violation system, risk-based complaint prioritization, longer response times, bipartisan preliminary review panels, and expanded hearing options; members discussed amendments aimed at dismissing minor complaints, clarifying categories, and adjusting lobbying and penalty provisions, but the amendments were withdrawn during committee consideration.
Across the ESG and finance bills, invited witnesses from the American Energy Institute, Heartland Impact, Consumers Research, ADF Action, Texas Civil Justice League, and related groups generally supported the measures, arguing that banks, insurers, proxy advisors, and asset managers have used ESG or reputational-risk standards to discriminate against energy, agriculture, firearms, and religious organizations. No opposition testimony was presented in the excerpt, and the committee closed public testimony on each bill and left them pending.
MN
Transcript Highlights:
- 70,000 skilled workers in the trades across our state.
- 70,000 skilled workers in the trades across our state.
- Our members trades across our state.
- We love the trades. Thank you very much. We love the trades.
- We're a 100-year-old trade Minnesota.
Keywords:
tax credits, sustainable aviation fuel, environmental policy, corporate franchise, Minnesota taxation, electricity generation, property tax exemption, renewable energy, incentives, economic development, fuel delivery, tax exemption, retail transactions, diesel exhaust fluid, fuel lubricants, healthcare tax, gross receipts tax, hospitals, chiropractors, healthcare providers
FL
Florida 2025 Regular Session
March 5, 2025 - 10:15 AM
Transcript Highlights:
- Could you talk specifically about the non-skilled trades?
- Just a little bit about the non-skilled trade apprenticeship, what that domain looks like, please.
- I think that's a great example of a best practice that I'd love to take back to the network.
- Do you provide guidelines for best practices for these boards to operate?
- On the best practices piece, absolutely. And I think that's...
Summary:
The subcommittee met to receive an informational presentation from CareerSource Florida President and CEO Adrian Johnson, joined by Anthony Gagliano of CareerSource Suncoast, on the structure, funding, and services of Florida’s workforce development system. Johnson explained that CareerSource serves job seekers and businesses through 21 local workforce development boards and nearly 100 career centers, using federal and state funding streams such as WIOA, Wagner-Peyser, SNAP Employment and Training, and TANF. She described services including case management, training, wraparound supports, job matching, rapid response for layoffs and disasters, and business services such as recruitment, customized training, and on-the-job training. She also highlighted the REACH Act’s role in consolidating local boards from 24 to 21, creating the Master Credential List and Credential Review Committee, and implementing performance-based letter grades for local boards.
Members asked detailed questions about funding formulas, letter grade metrics, apprenticeships, youth services, small business access, and the demand occupation list. Johnson said federal allocations are driven largely by unemployment and poverty formulas, which has reduced Florida’s WIOA funding by about $27 million over four years because of the state’s low unemployment rate. She explained the letter grades measure outcomes such as increased earnings, reduced public assistance, employment and training outcomes, work-based learning, business engagement, and service to individuals in certain programs, and said the system is being reviewed for possible changes, including removing extra credit and adjusting weights. On youth services, she said Florida has a waiver allowing a 50/50 split between in-school and out-of-school youth funding, and that local partnerships drive outreach. On the demand occupation list, she said it is based on state labor market data and projections, but local boards can submit evidence of local demand when data does not reflect conditions in their area.
A substantial portion of the discussion focused on apprenticeships and workforce training grants. Johnson and Gagliano described apprenticeship navigators funded by the $7.75 million apprenticeship expansion allocation, which help employers navigate registration and expand apprenticeships into nontraditional fields such as IT, health care, education, and hospitality. Gagliano gave examples from CareerSource Suncoast and said navigators helped employers move faster through registration and develop programs with local education providers. Johnson also discussed Incumbent Worker Training Grants and Quick Response Training Grants, noting recent awards of nearly $3 million to 69 businesses and $6.5 million to 24 businesses, respectively, and said these programs are targeted toward high-skill, high-wage occupations and priority industries. The meeting ended with no votes or formal action; the chair thanked the presenters, invited follow-up questions, and adjourned the meeting without objection.
HI
Bills:
SB2350, SB2349, SB2178, SB2101, SB2373, SB2905, SB3231, SB3296, SB2704, SB3162, SB2885, SB2174, SB3256, SB2333, SB2713, SB2100, SB3012, SB2805, SB2102, SB2478, SB2103, SB3233, SB2678, SB2461, SB2645, SB3247, SB2005, SB2022, SB2083, SB2128, SB2130, SB2240, SB2306, SB2547, SB2603, SB2756, SB2782, SB2818, SB2944, SB2982, SB2986, SB3022, SB3031, SB3032, SB3035, SB3053, SB3288, SB2435, SB2970, SB2938, SB3110, SB3251, SB3322, SB2068, SB2268, SB3046, SB2526, SB2231, SB2448, SB2567, SB3095, SB3264, SB3131, SB3069, SB3180, SB2119, SB2137, SB2209, SB2180, SB2949, SB2431, SB2410, SB3199, SB3245, SB2274, SB2277, SB2175, SB2080, SB2799, SB2491, SB2310, SB2489, SB2925, SB2709, SB17, SB2227, SB2887, SB2006
Keywords:
agriculture, aquaculture, livestock, agribusiness, Department of Agriculture, regulatory functions, employee benefits, restorative practices, sustainability, environmental stewardship, local food systems, Native Hawaiian, workforce development, industrial hemp, Hawaii, Native Hawaiian practices, regulation, cultural stewardship, economic development, organic waste
HI
Bills:
SB2350, SB2349, SB2178, SB2101, SB2373, SB2905, SB3231, SB3296, SB2704, SB3162, SB2885, SB2174, SB3256, SB2333, SB2713, SB2100, SB3012, SB2805, SB2102, SB2478, SB2103, SB3233, SB2678, SB2461, SB2645, SB3247, SB2005, SB2022, SB2083, SB2128, SB2130, SB2240, SB2306, SB2547, SB2603, SB2756, SB2782, SB2818, SB2944, SB2982, SB2986, SB3022, SB3031, SB3032, SB3035, SB3053, SB3288, SB2435, SB2970, SB2938, SB3110, SB3251, SB3322, SB2068, SB2268, SB3046, SB2526, SB2231, SB2448, SB2567, SB3095, SB3264, SB3131, SB3069, SB3180, SB2119, SB2137, SB2209, SB2180, SB2949, SB2431, SB2410, SB3199, SB3245, SB2274, SB2277, SB2175, SB2080, SB2799, SB2491, SB2310, SB2489, SB2925, SB2709, SB17, SB2227, SB2887, SB2006
Keywords:
agriculture, aquaculture, livestock, agribusiness, Department of Agriculture, regulatory functions, employee benefits, restorative practices, sustainability, environmental stewardship, local food systems, Native Hawaiian, workforce development, industrial hemp, Hawaii, Native Hawaiian practices, regulation, cultural stewardship, economic development, organic waste
NH
New Hampshire 2025 Regular Session
Senate Executive Departments and Administration (03/19/2025)
Executive Departments and Administration
Transcript Highlights:
- It will not change the scope of practice, so they will still be bound by the same scope of practice,
- It does not change our scope of practice.
- We rely heavily on trade with Canada, and many of our basic needs are met through that trade."
- leader that's been the standard practice leader that's been the standard practice for<02:29:58.279
- We have the trade, the Canadian Trade Council.
NM
New Mexico 2025 Regular Session
House - Chamber Meeting Mar 3rd, 2025
Transcript Highlights:
- Being done in Bernalillo County in terms of a trade port.
- Community, that opens up the opportunity for a foreign trade zone.
- Speaker, gentlelady, and you meet all the criteria to become a trade port.
- That would be a perfect kind of project that trade port dollars could leverage against.
- For foreign trade zone development.
AZ
Transcript Highlights:
- Arizona Medical Association's private practice physicians section governing council.
- Penhollow regularly advises on issues related to anesthesia, pain care, physician scope of practice,
- and private practice medicine.
- and private practice medicine.
- International Trade: HB 2748, oil energy and water; HB 2750, Arizona international trade; HB 2752, commerce
Summary:
The House convened with prayer by Paul Sorensen, the Pledge of Allegiance, and approval of the journal from January 15, 2026. Members also recognized the Doctor of the Day, Dr. Tammy Penhollow, and several guests in the gallery, including education leaders and representatives from Republic Services. Attendance was recorded at 57 present, zero absent, and two excused.
The main floor business was the reading of communications and a very large slate of bills. The clerk listed numerous House bills for first reading and referral to committees, covering topics such as veterans, natural resources and water, financial services, minimum wage, commerce, education, housing, child care, health and human services, public safety, artificial intelligence, taxation, transportation, agriculture, and appropriations. The House also moved through second reading of another extensive group of bills on subjects including health care, criminal justice, transportation, education, firearms, housing, and state budget matters.
No substantive debate or votes on individual bills were recorded in the transcript beyond the procedural referral and reading of measures. The House then received announcements about upcoming committee meetings, birthday wishes for Representative Aaron Márquez, and notices that some committees would not meet. The chamber adjourned on a motion until 1:15 p.m. Wednesday, January 21, 2026.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Asia/California Trade and Investment Aug 20th, 2025
Transcript Highlights:
- Trade Representative in Washington, D.C., on trade negotiations with Japan and China.
- These are frameworks for economic cooperation, trade investment, and trade facilitation in Asia that
- My research focuses on international trade, trade agreements, policy uncertainty, and how firms adjust
- My research focuses on international trade, trade agreements, policy uncertainty, and how firms adjusts
- The second is to reduce the trade imbalance, because in his view, a bilateral trade imbalance is bad
Summary:
The Assembly Select Committee on Asia, California, Trade and Investment held its first informational hearing to examine California’s economic ties with Asia, the effects of federal tariffs, and ways the state can strengthen trade, investment, tourism, and subnational diplomacy. Chair Jessica Caloza opened by emphasizing California’s role as the world’s fourth-largest economy and a major exporter to Asia, and several members and guests highlighted the importance of AAPI communities, sister-city relationships, and coordinated state outreach. Lieutenant Governor Eleni Kounalakis described California’s trade missions, APEC hosting, and ongoing climate and trade partnerships, while Japan’s deputy consul general underscored Japan’s role as a major investor and trading partner and encouraged continued engagement.
The first panel, featuring leaders from the Los Angeles County Economic Development Corporation/World Trade Center Los Angeles, the San Francisco Chamber of Commerce, and Visit California, focused on trade, tourism, and investment trends. Witnesses said tariffs and federal uncertainty are disrupting logistics, manufacturing, business travel, higher education, and tourism, with particular concern about port activity, international student declines, and reduced visitation from Asia. They urged California to remain “open for business,” invest in promotion and infrastructure, and use trade missions, MOUs, and sister-city ties to maintain relationships and attract investment.
The second panel, with economist Kyle Handley and trade expert Glenn Fukushima, focused on the mechanics and consequences of tariffs. Both said tariffs function as taxes on importers and consumers, raise costs for businesses, and create uncertainty that delays investment, hiring, and supply-chain decisions. They warned that California is especially exposed because of its ports, cross-border trade, and reliance on global supply chains, and said new federal vessel fees and shifting trade routes could divert commerce away from California. They argued that the long-term damage includes lost growth and reduced U.S. credibility, and recommended that California “tariff-proof” its economy through faster ports, better infrastructure, export assistance, and reduced permitting barriers.
In the final panel, representatives from the San Diego Regional Chamber of Commerce, Asian Business Association California, and the Small Business Development Center emphasized future opportunities and the needs of small businesses. They said California should deepen ties with Asia through conventions, tourism, and sector-specific partnerships in life sciences, clean tech, semiconductors, hospitality, and small business trade. The witnesses stressed that small and minority-owned businesses need more access to trade missions, capital, technical assistance, and state support, and that California’s economic strength depends on coordinated efforts across regions and industries.
NM
Transcript Highlights:
- As amended, it establishes the Trade Ports Development Act.
- In fact, I thought that one was already called a trade port.
- What we're talking about is really doing trade facilities and trade ports through a P3, just like we're
- trade ports.
- Is there only going to be one trade port, or are you looking at multiple trade ports?