Tag: Exports

By Marianne Goodland | The Gazette A report released Thursday by Colorado’s governor said President Donald Trump’s tariffs policy is disrupting the state’s economy and courting a recessionary scenario. State economists have, in fact, been sounding the risk of a scenario for a year — preceding both the White House’s tariffs changes and the congressional budget that Democrats blamed for Colorado’s $800 million deficit. As recently as June, analysts said the chances of a recession in the next year stood at 50% and climbing. Since Trump took office, tariffs have increased sevenfold to about 21% in Colorado, according to the report. Nationwide, it’s closer to 24%. A year ago, the tariffs averaged around 3%. The last time tariffs went that high occurred in 1910, Gov. Jar...