L.A. City Council Approves Tourism Wage Hike
The L.A. City Council voted 12-3 to approve a wage increase package for hotel and airport concession workers. The Chamber, along with several tourism and business leaders, strongly oppose the measure, citing its potential harm to an industry still recovering from the pandemic, wildfires and reeling from tariffs. Due to procedural irregularities, the City Council is required to vote on the matter again next week. The Chamber will continue to monitor the impacts of this action closely. Read our statement here.
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Volatility in U.S. Tariff Policy Continues to Impact Trade
This week, the United States and China agreed to lower trade barriers, reducing a 145% tariff on cargo leaving China for the U.S. to 30%. This adjustment is expected to prompt many shippers to resume exports previously stalled by the steep tariffs. Given the impact on the Ports of Los Angeles and Long Beach, the Chamber will continue to monitor these shifts and advocate for stability and clarity in trade regulations.
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Chamber Discusses Public Safety Concerns
The Chamber held a productive and engaging conversation with LAPD Chief Jim McDonnell and L.A. County Sheriff Robert Luna, which highlighted the vital role public safety plays in fostering a vibrant business environment. Safe neighborhoods and workplaces are essential to economic growth, job creation, and overall well-being. The dialogue underscored the importance of ongoing collaboration among law enforcement, civic leaders, and the private sector to build trust, promote transparency, and support innovative strategies that enhance safety for all Angelenos.
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LA28 Announces Dual 2028 Olympic and Paralympic Ceremony Venues
LA28 announced that the 2028 Olympic and Paralympic ceremonies will be held at both the Los Angeles Memorial Coliseum and SoFi Stadium in Inglewood, highlighting L.A.'s rich history and forward-thinking innovation. The Coliseum will make history as the first venue to host events for three Olympic Games. Learn more here.
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Governor Newsom Releases Revised Budget
Governor Gavin Newsom released his May Revision (May Revise) for the 2025-2026 state budget. The proposal projects a deficit of $12 billion from the General Fund. Given the projection, the May Revise includes significant reductions, including to the Medi-Cal Program. The Governor is also proposing a legislative package to address permitting reform and housing development as part of the budget. For additional budget details, view the Chamber's policy update.
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2025 China California Business Forum
Don't miss the China-California Business Forum, happening on Monday, June 2, at The Biltmore Los Angeles. This event aims to promote California's trade and investment with Chinese provinces while encouraging entrepreneurs to explore new business opportunities. A Chinese delegation of over 150 top business leaders and trade officials from multiple provinces will be in attendance. Early bird registration ends on May 16. Learn more and register here.
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Chamber Joins US-Mexico Forum at UC San Diego
At the U.S.-Mexico Forum 2025, hosted by UC San Diego’s Center for U.S.-Mexican Studies, Maria S. Salinas, L.A. Area Chamber President & CEO joined a powerful conversation on the growing importance of state-level diplomacy in U.S.-Mexico relations. In a panel titled “Beyond Capitals: The Rise of State-Level Diplomacy in U.S.-Mexico Relations.” The discussion moderated by Ambassador Carlos Gonzalez Gutierrez, highlighted California’s leadership in immigration, trade, and border infrastructure. Ms. Salinas emphasized that California’s relationship with Mexico is deeply rooted in economic interdependence, cultural ties, and shared challenges that demand collaborative leadership.
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Applications are Open: Small Business Recovery Fund
Recovery is within reach. The L.A. Area Chamber Foundation’s Disaster Recovery Fund provides $10,000–$25,000 grants to small businesses and nonprofits impacted by the January 2025 wildfires. Support also includes training, advising and webinars. Applications are due by June 6 or until funds are exhausted. Apply now here.
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Apply Now: Malibu Small Business Micro-Stabilization Grant – Deadline May 31
The City of Malibu is offering $5,000–$20,000 grants to local businesses impacted by wildfires, storms, or road closures. Eligible businesses must demonstrate financial hardship and hold a valid L.A. County license as of December 1, 2024. Apply by May 31. Apply online here.
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Now Available: L.A. Regional Small Business Legal Aid Program
The L.A. Regional Small Business Legal Aid Program provides free legal assistance to small businesses across L.A. County, including counseling, workshops, and pro bono support for leases, contracts, and more. To get started, visit here or call 866-375-9511
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LA28 CEO Shares Vision For 2028 Games
The Chamber’s CEO Council welcomed Reynold Hoover, CEO of LA28, for an exclusive discussion on the road to the 2028 Olympic and Paralympic Games. Hoover highlighted key planning milestones, economic opportunities, and legacy investments that will shape Los Angeles for generations. He emphasized the crucial role of business community engagement in making LA28 a global celebration of sport and a driver of inclusive growth and innovation.
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Disneyland Resort Celebrates 70 Years of Happy
Running through summer 2026, the Disneyland Resort's 70th anniversary celebration will honor seven decades of magic and memories. Guests can "celebrate happy" with limited-time entertainment, vibrant décor, themed food and drinks, exclusive merchandise, and more. Learn more about the celebration here.
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COUNCIL MEETINGS & EVENTS
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Member Orientation
Thursday, May 29, 4:00 p.m.
MEMBER ONLY EVENT
Connect with fellow new members and engage in insightful conversations with Board members and Chamber staff to kick-start your membership journey. Whether you're new or an existing member, join us for this informative orientation and discover how to unlock the full potential of your L.A. Area Chamber membership.
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Get in the Game: Procurement Fair
Thursday, June 5, 9:00 a.m.
Don't miss the upcoming Get in the Game: OneLA Procurement Fair at Cal State L.A. on June 5! Explore partnership opportunities with leading companies and public agencies. Together, we’re not just rebuilding—we’re strengthening Los Angeles for a resilient future and upcoming global events.
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Los Angeles Area Chamber of Commerce
350 S. Bixel Street
Los Angeles, CA 90017
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