LOVELAND ~ Loveland - Governor Jared Polis of Colorado met with manufacturers in Northern Colorado today to discuss the negative effects of President Trump's tariff taxes on the industry and economy. The roundtable, hosted by the Northern Colorado Manufacturing Sector Partnership, was attended by over 35 manufacturers and 30 industry partners.

During the meeting, Governor Polis heard from various Colorado manufacturers who expressed their concerns about the impact of Trump's tariff tax increase. They emphasized that it would not only harm the economy but also potentially lead to business closures and job losses. The ongoing uncertainty surrounding tariffs, which can be implemented or removed at any time by the President, is causing further damage to the already struggling economy and hindering investment.

In a statement, Governor Polis stated that he had received a clear message from the manufacturers: Trump's tariffs are detrimental to American manufacturing. He urged the President to abandon this failed policy if he truly cares about supporting this vital industry.

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John Sage, President of Vergent Products, shared his perspective on how the uncertainty of tariff implementation is affecting their business. He mentioned that they are receiving mixed signals and anxiety from clients in the electronics industry. As a result, there has been an increase in onshoring projects from China as clients seek stability in managing their product costs. However, Sage also noted that they have not observed any early signs of recession yet as their production backlog remains strong.

Addison Stark, CEO of AtmosZero, highlighted the importance of utilizing America's highly educated and capable workforce for manufacturing high-value industrial technologies instead of low-margin consumer goods like toasters. This approach would not only strengthen supply chains but also lead to higher wages and solidify American leadership in the global economy.

Governor Polis had previously urged President Trump to let go of his failed tariff tax policy after nearly starting a global trade war last week. The President had threatened to impose further tariffs but later backed down from his threats, causing more uncertainty for businesses and consumers.

In conclusion, Governor Polis and the manufacturers in Northern Colorado are calling on President Trump to reconsider his tariff tax policy and prioritize the well-being of American manufacturing and the economy. The future of this vital industry depends on it.

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