A report released Thursday by Colorado’s governor said President Donald Trump’s tariffs policy is disrupting the state’s economy and courting a recessionary scenario.

State economists have, in fact, been sounding the risk of a scenario for a year — preceding both the White House’s tariffs changes and the congressional budget that Democrats blamed for Colorado’s $800 million deficit.

As recently as June, analysts said the chances of a recession in the next year stood at 50% and climbing.

Since Trump took office, tariffs have increased sevenfold to about 21% in Colorado, according to the report. Nationwide, it’s closer to 24%. A year ago, the tariffs averaged around 3%.

The last time tariffs went that high occurred in 1910, Gov. Jared Polis said in a news conference on Thursday.

“Colo

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