The Office of the Governor of the State of Colorado

07/07/2025 | Press release | Distributed by Public on 07/07/2025 17:49

Governor Polis: With New Tariffs, Trump Raises Costs for Americans, Hurts Allies

DENVER - Colorado Governor Jared Polis released a statement on President Trump's new Executive Order on tariffs. In April, a court struck down President Trump's tariffs that raised the cost for Americans on everyday goods which Colorado helped lead.


"This new round of 25% tariffs from the President continues to push prices up for American consumers. Slapping senseless tariffs on allies like Japan - one of Colorado's largest trade partners - and over a dozen other countries will raise costs on Americans and hurt small businesses while emboldening potential strategic adversaries like China," said Governor Polis.


In June, the Office of State Planning and Budget (OSPB) economic forecast projected tariff taxes to continue to hurt the economy, impact job growth, cause uncertainty for businesses, and increase the likelihood of a recession. Reports also show tariffs are leading to an increase in trade crime.


This year, Gov. Polis hosted Colorado-Mexico Friendship Day alongside Mexican Consul General Pavel Meléndez Cruz and Colorado-Canada Friendship Day in March alongside Sylvain Fabi, Consul General of Canada in Denver.

Colorado is 5th in the nation for beef exports. Beef is among Colorado's largest exports and is a top driver of Colorado's agricultural economy. In 2024, the U.S. exported a total of $10.45 billion in beef and beef products around the world. Colorado's top export countries for beef are Mexico, Canada, South Korea, Japan, China, all countries now facing Trump's on-again off-again tariffs. Colorado's other largest agricultural commodities, including dairy, wheat, and corn, all rely on export markets to do business.

###

The Office of the Governor of the State of Colorado published this content on July 07, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 07, 2025 at 23:49 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io