The Supreme Court struck down President Donald Trump’s far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda.
The 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs he levied on nearly every other country.
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The Colorado Chamber of Commerce a statement from its President and CEO Loren Furman following the decision.
“Many of our members across various sectors experienced significant impacts to their operations due to the tariffs imposed last year, from supply chain disruptions to increased overhead costs and overall uncertainty about the future,” said Furman. “We’re hopeful that this decision will bring stability to the market and reduce costs across the board for Colorado employers and families at a time when our state is already one of the most expensive places to live and do business. The Chamber remains focused on ensuring Colorado businesses can operate with predictability across all levels of government.”
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