Last Christmas Eve, when sisters Hannah Cox and Jessie Gingrich signed a lease to open a store on Broadway in Denver’s Baker neighborhood, they were excited but also nervous because they weren’t sure what incoming President Donald Trump’s pledge to raise tariffs might mean for business.

Almost a year later, as the co-owners celebrated the grand opening of Mountain Standard Goods , a clothing and gift shop, they’re excited about the new venture but unsure what the holiday season will bring in the wake of higher prices because of tariffs and lingering inflation. They’ve been dealing throughout the year with the changing trade environment at their original store in Colorado Springs.

“We did get a little bit scared when this store wasn’t open yet and all these tariffs started coming down,”

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