One thing that remains constant in President Trump’s tariff trade war with Canada and Mexico is the continued inconsistency.
Overall, tariffs mean higher prices for the state, the businesses and Coloradans — everywhere from the gas pumps to the grocery store.
When it comes to the U.S. states most vulnerable to the latest round of tariffs, Colorado ranks 20th, with nearly half of its $17.8 billion in imports coming from Canada, Mexico and China, according to an analysis by LendingTree. Montana is the most vulnerable state with 94% of its imports coming from those three countries.
President Donald Trump’s chaotic “game of chicken” in a trade war with Mexico and Canada threatens to raise consumer costs, undermine Colorado’s economy and complicate the state’s efforts to close a billion-dollar budget gap, Treasurer Dave Young said Thursday.
At a town hall for business owners, people expressed grim outlooks on how President Trump’s tariffs will impact Colorado’s economy.
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