Bloomberg Talks Colorado Governor Jared Polis Talks Trump Tariff Impact
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Apr 1, 2025 
Jared Polis, the Governor of Colorado, dives into the significant impact of Trump's tariff policies on his state. He discusses how these tariffs could burden local businesses and the manufacturing and agricultural sectors. Polis offers a balanced perspective, addressing both skepticism and optimism regarding their economic repercussions. He emphasizes the importance of trade relations with Canada and Mexico, while also contemplating the risks of a potential national recession linked to current trade strategies.
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Tariff Impact on Colorado
- President Trump's tariff policies could quadruple Colorado's import costs.
- Governor Polis equates these tariffs to a substantial tax hike and expresses concern for their potential impact on the economy.
Tariffs and US Manufacturing
- Governor Polis argues that tariffs will harm, not help, US manufacturing.
- He explains this is because manufacturing relies on international supply chains and exports.
Polis's Concerns Shared with Trump
- Governor Polis has expressed his skepticism about tariffs to President Trump directly.
- He hopes the tariffs are a negotiation tactic for free trade but fears they will cause a recession.