At first blush, President Donald Trump’s escalating trade war with major Colorado trading partners such as Canada, China, the European Union and Mexico would not appear to have too much impact on a resort area such as Eagle County, with very little agriculture or manufacturing.
After all, we’re not growing a lot of corn in Gypsum or building a lot of cars in Eagle.
But expert observers say the interconnected nature of the global economy means Eagle County is already seeing a spike in the cost of goods ranging from lumber, steel and aluminum in construction to tech products to food in local grocery stores and restaurants.
“Tariffs imposed by the United States are nothing more than a tax increase on American consumers and businesses — including manufacturers, farmers and technology companies — who will all pay more for commonly used products and materials,” the U.S. Chamber of Commerce stated last month, pointing out $277 million in Colorado exports are “threatened by a trade war.”
Chris Romer, president and CEO of the local Vail Valley Partnership chamber of commerce, echoed the sentiments of the national chamber.
Read the full story on m.
