Impact of Trump’s Tariffs on Colorado Specialty Cheese Shop
The Supreme Court began hearing arguments this week in a case concerning import taxes on small businesses. For Coloradans seeking unique items for their holiday gatherings, President Donald Trump’s tariffs are causing significant price increases.
Price Increases at St. Killian’s Cheese Shop
Jon Marsh, owner of St. Killian’s Cheese Shop in Denver’s Highlands, shared that the cost of their house cheese, Challerhocker—a firm, nutty cheese from Switzerland—is expected to rise by about 20%. Marsh explained, “We price our cheese by the pound, so that cheese … it’s going to be like $45 a pound.”
Reasons Behind the Price Hike
The increase stems directly from Trump’s trade policies, which imposed a 39% tariff on Swiss imports in August, one of the highest rates among affected countries. Marsh stockpiled Swiss cheeses before tariffs applied, but that inventory is nearly exhausted.
Adjustments to Holiday Orders
Due to rising costs, Marsh has reduced some holiday cheese orders. He admitted, “We realistically don't think we can sell as much cheese from Switzerland as we would've in the past.”
Wider Context of Tariffs on Small Businesses
St. Killian’s situation reflects challenges faced by millions of small businesses nationwide, all dealing with the uncertainty and financial strain brought on by unpredictable trade policies. A coalition of small businesses and states has filed a lawsuit to halt these tariffs.
The Supreme Court started hearing arguments in the case this week.
Author’s summary: Trump’s tariffs on Swiss cheese have drastically increased prices at a Denver specialty shop, exemplifying the broader strain tariffs place on U.S. small businesses during the holiday season.