Colorado politicians are celebrating new rules allowing potato sales in the Mexican interior. Potato farmers, though, have been burned before.
exports
Posted inOpinion, Opinion Columns
Opinion: It’s not just the fuel Colorado burns. It’s also the fuel Colorado exports
Gov. Jared Polis’ 2021 Greenhouse Gas Reductions Roadmap steers Colorado in the right direction on electricity and transportation, but excludes action on the biggest contributor to climate change originating in Colorado. Greenhouse gases from burning fossil fuels are the main causes of human-induced climate change. The bad news is that Colorado’s climate action plan ignores […]
Posted inBusiness, COVID, Growth, News
First the trade war, now the coronavirus. Jefferson County gets new tool to tackle international trade
With the ongoing woes of an international trade war and now a global pandemic brewing, Dino Dardano, president of Hestra Gloves, is ready to try a new tool available to him as a business in Jefferson County: foreign trade zones. The county became the latest Colorado community awarded the special designation, which lets businesses postpone […]
Posted inBusiness, News, Politics and Government
Adjusting to life under tariffs, Jefferson County and Grand Junction are pursuing a solution that’s still proving itself in Colorado
Jefferson County and Grand Junction are seeking to become free-trade zones in an effort to attract more business, add jobs and help local companies offset some of the rising cost of international trade. Their applications would provide the regions with a spot for companies to store imported goods and defer or bypass tariff-duty payments. There’s […]
Posted inBusiness, News, Politics and Government
It’s not just China: The United States’ global trade war has Colorado companies seeking — and finding — workarounds
BROOMFIELD — Colorful spools of thread made and imported from Germany will soon leave this Broomfield warehouse and head to Mexico, skipping any payment of U.S. tariffs. It’s not a random loophole. Part of Amann USA’s facility is located in a Foreign Trade Zone, a property designation that allows manufacturers to defer import taxes until […]
Posted inBusiness, News, Politics and Government
Colorado company may lose 1,000 jobs from tariffs, and others are prepping for a prolonged trade war
From frozen cuts of pork to leather jackets, tariffs on more than $200 billion of Chinese imports take effect on Monday. On the same day, tariffs on another $60 billion in products headed in the other direction get a retaliatory hike, as imposed by the Chinese government. After more than a few rounds in the […]