| A whopping 86% of Colorado businesses say Gabe Evans’ tariffs are doing more harm than good, a new survey shows.
The Denver Post reports that Evans’ tariffs are forcing Colorado businesses to consider raising prices, cutting workers, or closing their doors altogether.
Evans’ tariffs are causing particular strain among ranchers and farmers, with many terrified they’ll soon face bankruptcy or foreclosure.
REMINDER: Evans has repeatedly voted to protect new tariffs, claiming they help Colorado farmers and ranchers.
Meanwhile, experts are warning that Colorado’s agricultural sector will be among the hardest hit by Evans’ tariffs. Colorado’s beef exports are already down nearly $40 million compared to the same time last year, which could cost the state hundreds of jobs and $80 million in lost economic output.
But alleged rancher Evans doesn’t seem to care.
DCCC Spokesperson Lindsay Reilly:
“Gabe Evans listens to party leaders, not to Coloradans. Instead of helping families struggling to make ends meet, Evans is greenlighting reckless tariffs that are forcing small businesses to raise prices, lay off workers, and even close up shop. Coloradans deserve a representative who works for them – not for DC elites.”
See the reporting for yourself…
Denver Post: State surveys show Colorado businesses, ag overwhelmingly view tariffs as negative
- The overwhelming majority of Colorado businesses surveyed for a new state report on tariffs said the effects of the import taxes have been negative, with the financial impacts followed by the uncertainty created by changing trade policies cited as the biggest challenges.
- The latest look at the impacts of tariffs on Colorado businesses found that 86% of the businesses view the tariffs levied this year as challenges and only 14% see them as beneficial.
- State agencies interviewed farmers and ranchers as well as businesses across several sectors: aerospace, construction, technology, retail, bioscience, energy and manufacturing.
- Businesses across Colorado are facing tough decisions, said Eve Lieberman, OEDIT executive director. She said business owners are considering whether to raise prices, take less salary, cut employees or whether they can even keep their doors open.
- Navigating through the changes in the import levies and adjusting supply chains have consumed hours of work.
- Tariffs layered on top of higher costs for supplies and equipment and years of low prices for many commodities are fueling fears of more farm and ranch bankruptcies and foreclosures, said Kate Greenberg, Colorado agriculture commissioner.
- “We’re already seeing in places where it’s potentially just easier and cheaper to do business with other countries,” Greenberg said.
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