SB 263: International trade: tariffs: impact study.

The bill aims to study the impact of increased tariffs and reciprocal tariffs on California's international trade of imports and exports. The study will be conducted by the Governor's Office of Business and Economic Development in consultation with the Department of Finance and the Transportation Agency. The study will provide an analysis of the effects of tariffs on the state's economy and will inform strategies to mitigate any negative impacts. Additionally, the bill requires the agency to provide resources to support the international trade activities of California small businesses. The study will be completed by January 1, 2029, and the results will be submitted to the legislature.