tariffs
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Colorado’s Polis joins coalition of governors urging Congress to reject Trump tariffs
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Colorado Gov. Jared Polis has joined 18 other governors in writing a letter to members of Congress, urging them to reject President Donald Trump’s efforts to codify tariffs that the U.S. Supreme Court recently invalidated. “Governors across the country are witnessing the same thing: higher prices for families and greater uncertainty for businesses,” Polis said.…
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Trump pulls endorsement from Jeff Hurd over tariffs, backs Colorado Republican’s primary challenger
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President Donald Trump on Saturday rescinded his endorsement of U.S. Rep. Jeff Hurd and threw his support behind the Colorado Republican’s primary challenger, Hope Scheppelman, citing the first-term incumbent’s “lack of support” for the administration’s tariff policy. The move comes after Hurd joined five Republicans and nearly all House Democrats earlier this month in voting…
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U.S. Supreme Court strikes down Trump’s tariffs, upending central plank of economic agenda
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WASHINGTON • The Supreme Court struck down President Donald Trump’s global tariffs on Friday, handing him a major loss on an issue crucial to his economic agenda. The 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs the president levied on nearly every other country. In imposing the…
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Colorado farmers warn U.S. Sen. John Hickenlooper tariffs and research cuts endanger agriculture
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Northern Colorado farmers told U.S. Sen. John Hickenlooper this week that tariffs and President Donald Trump’s decision to import $40 billion worth of beef from Argentina have hurt Colorado’s agricultural industry. But the administration’s cuts to scientific research are almost as bad, they said in a forum in Fort Morgan Tuesday night. The forum, hosted…
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Tyson’s beef plant closure in Nebraska to impact town, ranchers nationwide | OUT WEST ROUNDUP
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NEBRASKA Beef plant’s closure could ripple OMAHA — Tyson Foods’ decision to close a beef plant that employs nearly one third of residents of Lexington, Nebraska, could devastate the small city and undermine the profits of ranchers nationwide. Closing a single slaughterhouse might not seem significant, but the Lexington plant employs roughly 3,200 people in…
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Gov. Jared Polis says Trump’s tariffs policy is disrupting Colorado’s exports, jobs
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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…
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Biden to suspend tariffs on Asian solar panels following outcry over federal probe
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The White House on Monday announced plans to suspend tariffs on solar panels imported from four Asian countries suspected of serving as proxies for China to evade trade sanctions imposed by the Obama administration on Chinese solar imports as far back as 2012. The import of solar panels from Asia by American businesses came to…
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Experts: China tariffs will wound US natural gas industry, but not mortally
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By Josh Siegel, Washington Examiner China’s new tariffs on American liquefied natural gas will hurt the industry, but ultimately may only hinder rather than halt the progress of a growing industry that is a key plank of the Trump administration’s “energy dominance agenda,” experts say. China has represented the best opportunity for the U.S. to…
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Retailers are doing well but fear tariffs’ impact
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By Joe Williams, Washington Examiner The U.S. retail industry is flourishing, a rebuke to critics who just a few years ago predicted its demise, but looming threats such as President Donald Trump’s trade skirmishes may weigh on profits in 2019. At least 25 of the top publicly-traded stores reported revenue growth for the most recent…
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Trump says he’ll end NAFTA; strikes deal with Mexico alone
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President Donald Trump announced Monday he would end the North American Free Trade Agreement, adding that he has struck a new trade deal with Mexico. But where that leaves Canada, the third partner in NAFTA and Colorado’s top market for beef exports, is up in the air. In an announcement from the White House Monday,…