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yesterday

Colorado Forms Task Force to Assess Impact of Trump’s August Tariffs

The order tasks state agencies with delivering economic impact data in 45 days to shape adaptation strategies for looming duties

Commercial trucks line up to cross the border into the United States on March 4, 2025, in Tijuana, Mexico. (AP Photo/Gregory Bull)
Gov. Jared Polis delivered his state of the state address at House chamber of Colorado State Capitol building in Denver on Jan. 9, 2025. (Hyoung Chang/The Denver Post/TNS)

Overview

  • Governor Jared Polis’s July 14 executive order directs the Colorado Office of Economic Development and International Trade to lead a cross-agency task force on the incoming tariffs’ economic effects.
  • The Governor’s Office of State Planning and Budgeting must complete a 45-day report estimating cost burdens on Colorado industries and consumers.
  • Within 100 days, the Departments of Agriculture, Labor and Employment and OEDIT must submit plans for adapting state services and programs to tariff-driven challenges.
  • Governors in Illinois, Arizona, New York, Oregon and Washington have launched similar reviews and joined a multistate lawsuit with a July 31 hearing in the U.S. Court of International Trade.
  • Local small businesses report layoffs, price hikes and fears of closure as uncertainty mounts ahead of the August 1 duties.