As Gov. Gavin Newsom presented his plan to fill a $12 billion deficit Wednesday, a large screen next to him blared two words: TRUMP SLUMP. The governor blames — at least partially — the shortfall on President Donald Trump’s tariffs, which he said cost the state $16 billion in lost revenue, primarily from capital gains taxes.

Although the administration locked in a trade deal with Britain and says it has others on the horizon, Trump's tariff policies have spurred on market volatility and been met with skepticism from many Americans, including California Gov. Gavin Newsom.

Typically Trump, the details of POTUS' 100% tariffs on movies made overseas are vague but what is already clear is that the Governor of California isn't playing a supporting role

Newsom's comment comes a day after Trump said he was considering a 100% tariff on movies made outside the US.

In an effort to narrow a looming budget hole, California Gov. Gavin Newsom is backing away from a centerpiece of his time in office: free health insurance for undocumented immigrants. Under a plan that is part of a larger budget proposal Newsom will unveil later this morning,