The twists and turns are hard to follow. But business leaders are already paying the costs.
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It seems tariffs are making headlines every day. They’re on. They’re off. They’re bigger than ever. No, they’re paused. Just yesterday, President Donald Trump extended the deadline to reach a deal with Mexico by 90 days. The twists and turns are hard to follow. But business leaders are already paying the costs. And that means, eventually, everybody else will likely pay the cost, too.
Jeff Popiel is the president and CEO of Geotech, a homegrown Denver company that manufactures environmental testing equipment. He says of the tariffs, “It’s been reciprocal. So we’re paying more for the components used to manufacture the product. And then we’re also, when we export it, the product’s now more expensive for our customer because they’re paying tariffs to receive it as well.”
