Most people already understand how tariffs function like a sales tax, and increase the cost of all items covered from food to clothes to construction materials. Tariffs of 25% with our closest allies and trading partners, Mexico and Canada, would painfully raise prices on everyday items and reduce the purchasing power of every American.
But tariffs are far worse than just increasing the costs of goods, they also hurt American manufacturing and destroy jobs in two key ways:
1) For every action, there is an equal and opposite reaction. Meaning that the countries we impose tariffs on will certainly put retaliatory tariffs on made in America products. This will hurt American exports, making them more expensive in overseas markets, and less competitive, translating to less demand for made in America and grown in America products and destroying jobs.
2) Nearly all manufactured goods have raw materials and parts that are sourced globally. That means that with tariffs, factories and manufacturers in the United States would be forced to pay a surcharge on parts and raw materials imported from our largest trading partners. Companies would therefore be more likely to shutter American factories and invest and grow production and manufacturing outside of the United States in other countries that don’t have these tariffs, particularly on goods manufactured for the global market.
The Wall Street Journal put it very well by calling Trump’s proposed tariffs and trade wars “one of the dumbest in history,” truly a self-inflicted wound on the purchasing power of American families and on our economy and jobs. I truly hope that President Trump is looking for some kind of settlement to avoid this destructive nonsense, because the tariffs would set off a trade war with devastating negative impacts on our standard of living and our economy. There is still time for an off-ramp and to save face, but a global (or western hemisphere) recession is sadly the most likely outcome if these trade wars proceed.
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What's the equal and opposite action for the millions of illegals that came into the country under the Biden administration, Jared?
"For every action, there is an equal and opposite reaction. Meaning that the countries we impose tariffs on will certainly put retaliatory tariffs
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Wrong!
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Sadie
@Sadie_NC
People need to understand how tariffs work for the US. The money collected can be:
1. Invest in US companies to make the same product.
2. Lower our taxes.
3. Purchase the same items from another nation for a cheaper cost.
If the tariff raises our cost, you do one of these three
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Most people understand how requiring egg farmers to raise all their chickens in a certain way will cause a shortage…. But not Colorado politicians!
Missed the point. It’s about balance. If they want to sell here they have to buy here.
It is amazing how little you know but how confident you seem. Our neighbors have just made this so much worse for their people. Their economies are completely dependent on the USA. The same is not true for us. Dems are batting 1000 at bad takes and it truly is impressive anyone
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I think a lot of people (including Trump) think tariffs are a tax on other countries.
We got a big country with a lot of natural resources. I’m sure we can figure out how to manufacture whatever we need to survive.
I think you have done enough to tariff and tax us in Colorado, you need to sit this one out.
If they secure their borders then there will be no tariffs. It's not hard. Their borders are not secure and that has negative effects on all of our countries. Why won't they just secure their own borders? Maybe you should investigate that.
Or, the other countries will cave and we'll become a safer, healthier country.
Well anyone who voted for him knew exactly what he intended to do. He was not quiet about it. So what have you done to bring costs down i. CO? Name a few specific things. And I don't mean freebies for the poor, I mean for every Colrado Citizen. Let's have some real honesty
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If it is so deleterious to us to impose tariffs then why do other countries snap to heel so quickly at the prospect of them?
I’m here for the ratio b/c I heard you were almost as bad a Governor as the one of my state. How’s arrests going in CO?
They need us more than we need them. Trump unlike you actually knows what he is doing.
Says the guy that’s destroyed Colorado. Property taxes up 40-50%, increases the cost of goods including eggs, harassing ranchers with wolfs, forced healthcare workers to get the jab creating a shortage, health insurance premiums through the roof all the while taking away the
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This is from a governor who doesn't understand the impact of a high minimum wage.
You are retarded. You do not understand economic balancing. Costs will equalize you stupid mutt. Energy prices are the single biggest contributor and you illiterate heaps did not seem to care about that for the last 4 years.
How about you sit this one out. You are irrelevant
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But yet you love trying to raise sales tax in CO….
I’m literally selling my house in CO because you are a POS and have driven costs up.
We listened to you people for four long years. Now, we're going to do it TRUMP'S WAY. GET OUT OF THE WAY.
Your the cause of dramatics increases across the State since you took office and the people of sicknof your silly stunts and lies!
The property taxes on my 1200 sq ft house increased $400/month this year.
Shut the fuck up, gaslighting trash.
Short sighted. People have been so dumbed-down by politicians that everybody forgot about the long game.
We are a net importer. We don’t manufacture squat anymore. The road back for manufacturing is to level the field with countries who have slave labor. Their governments will have to subsidize their own goods to sell us anything. Tariffs force both sides to the negotiating table.
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Canada and Mexico already charge and import tarrif on the USA. It's called a VAT and it applies to everything except their exports. So we are just getting even.
Most people are totally sick of your support of the illegal invasion of our State. Be clear this is a Marxist tactic to destroy the middle class so you can further your communist ideals. It's that simple!
What the hell are you smoking?
You've passed hundreds of laws that run up prices or add useless fees. Just start with the egg policy..
Now that Trump passes a tariff to pressure another country, it bothers you??
I would rather protect and grow American interests than be terrorized by an open border.
You are a terrible leader.
Mexico needs to get a handle on the drugs and people pouring across our Southern Border
"In retaliation to us harming our people with tariffs they will harm their own people with tariffs"
You know what’s more harmful than tariffs? Transnational gangs you ignored, and since you ignored them, they were able to spread across the country and families have lost loved ones, children lost their lives and innocence, Americans live in constant fear.
Tariffs are vibrant!
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Do Better Denver
@dobetterdnvr
Credit @KDVR
Seven Venezuelan citizens who were “unlawfully present in the United States” were taken into custody yesterday by ATF related to an operation at IVY CROSSING.
This group was involved with trafficking drugs, humans and guns.
Hey @mikejohnstonco I thought all the
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You’re the King of Simpletons. Ever consider that tariffs have more uses than that. Pointless to explain it chess to a checkers player.
I’m not going to be lectured to about tariffs by a moron like you. Milton Friedman videos are available on YouTube. Chump.
Take out tariff and replace with corporate taxes.
So dems aren't dumb, they're dishonest.
What happened during Trumps last term? No inflation and huge growth in the economy. Shut up.
Like TAKING AWAY THE RIGHTS OF COLORADO CITIZENS WILL HAVE CONSEQUENCES
You democrats need to stop buying foreign crap. Cry harder. You could retire the cage free mandate.
Income tax is slavery. Foreigners need to fund the government through tariffs… not everyday workers.
Hey POLIDIOT…just cannot stop living up to your name!! 
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HG 47
@Knhorsegal
This guy breaks Tarriffs down very well. It's worth the watch!!! 
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didn't Polis raise taxes on constitutionally protected items that were products of interstate commerce ?
Polis, please explain how flooding the country with criminal illegal aliens and you protecting them helped Americans and Coloradans!
I'm curious how Colorado taxpayers feel about this. Is it possible that Venezuelan employment authorization under TPS may have affected purchasing power? How do you think allowing TPS immigrants and refugees worked out for Denver? Do we have a "Colorado for all" now Jared?
Your insane taxing of bags is killing Colorado. You and your vendetta with eggs is killing Colorado. Your disastrous Immigration bills (HB19-1124 and HB23-1100) are killing Colorado. Your hard on against oil and gas is killing Colorado. Stop your bullshit and Colorado, and all of
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This from the idiot who allowed gang members to terrorize his citizens and pretended to be ignorant.
I’m announcing a 50% tariff on your face. Please cease to show your face until you can stand for America and Americans first.
Nice way to be condescending and talk to people like they are stupid. We aren’t. We realize that if Griswold wasn’t Secretary of State you wouldn’t be governor & bleeding the people of Colorado by stealing every cent we make in taxes! While trying to take our guns!
Buy domestic. No tariff.
Factory built in USA. No tariff and jobs here.
Sit this one out man. You’ve already screwed Coloradans. No one should listen to a word of advice from you.
Jared, have you ever thought that if an imported item becomes too expensive, it's the time and the opportunity for THAT item to be produced in the USA? Giving so much work to American people in the United States?
I think the real object of your criticism is not the tariffs, but
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The cost of living has skyrocketed since you took over. You and your greedy cohorts in the Colorado House and Senate can't stop yourselves from raping the middle class.
You passed HUGE income redistribution last January for low income families. But you're punishing the average
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Now you understand economics? When it was raising the minimum wage, you couldn't figure it out...
I guess we should just let all the Fentanyl in, Jared. Jeepers, what's a few hundred thousand American lives when you're talking more expensive lawn-mowers!
thinks you're stupid
How about the illegal immigrant trafficking tariff you have placed on Coloradans? 1. Increase car insurance premiums due to illegal immigrant thefts and accidents 2. The increase taxes to house/feed. 3. increase costs of crimes associated. 4. Free Use of public services
We already have horrendous egg prices thanks to you the CO dictator removing more and more of our choices! YOU are an IDIOT. SIT DOWN!
What is the proper role of government? Protecting the safety of U.S. citizens would be fundamental, in my view. Is this where you have a disconnect?
Fentanyl and precursors are killing Americans and many in Colorado. They finance the drug trade, sex
trafficking, and human
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What the fuck do you think all your new taxes and fees have done to the state you moron?
Quit talking unless you’re willing to do something about the laundry list of different ways you guys have tried to go around the taxpayer Bill of Rights
You're missing the point Polis. The idea is to get companies to come here to manufacture and produce the goods on American soil. Make it expensive for them to import, and provide a low tax environment to entice companies to move operations here instead of paying tariffs. Then we
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So taxes are a bad thing now? This must be the first one you ever met that you didn’t like.
Why are Canada and Mexico so angry about being tariffed, Jared?
If you would stop the stupidity like cage free eggs and every other stupid piece of legislation you and the other democrats have put in place trying to be like California we might be able to afford more and live better. Colorado is not California. They have the 5th largest GDP in
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You out of all people lecturing people about taxes. You disguised taxes as "fees". We are fee to death instead of taxes. Sit your ass down.
The tax happy governor has some hypocritical comments on what is effectively a tax… like say all his fees and what not.
Hey, glass houses. You live in the largest of them all and are screwing your own people. 
If tariffs are "destructive nonsense" then let's talk about your fees.
You have no place to speak on a national level when you're actively trying to destroy the people of the state you govern.
Kinda like minimum wage, eh captain fagalot?
You raise the wage, costs go up, it’s a tax on living.
Yes - which is why we want tariffs removed from our goods and services, jello head.
So you’re saying government controls don’t work? Like eggs, plastic bags, guns, wolves?
But they are worse than sales taxes because now what if Mexico puts a retaliatory tariff on US corn and US airplanes. Now Mexican airlines by European or Brazilian jets and buy Brazilian corn. This could put a lot of US workers out of jobs.
It isn't about fentanyl less than 1% was confiscated at Can border, so that's a lie. The deficit is NOT 250 billion as Trump claims,it's 42 billion,lie #2. It's all a ruse to raise what he thinks is added revenue so he can cook his books,andget rid of Social Security &Medicare.
Genuinely curious on what he's trying to accomplish with this thats actually a possibility.
This ignores US markets gaining from US sales increasing by being more marketable due to competition pricing going up which also increase US labor income.
I was on hold for over 20 minutes yesterday and finally hung up. Our state hold music is UNBEARABLE! 
it’s like listening to fingernails on the chalkboard but worse! Colorado is an absolute joke.
it’s like listening to fingernails on the chalkboard but worse! Colorado is an absolute joke.