Taking Action on Tariffs: State Agencies Directed
To Report Cost Increases, Supply Chain Disruptions
ALBANY—State officials are planning actions to assess cost increases and supply chain disruptions caused by the Trump Administration’s tariff policies. Gov. Kathy Hochul yesterday announced that Director of State Operations Kathryn Garcia sent a memo to State agencies requiring them to compile key data and information regarding tariff impacts.
New York State Empire State Development (ESD) and the Office of General Services (OGS) will then use the data provided by each agency to develop a statewide tariff economic impact report by Oct. 31. Additionally, Gov. Hochul launched a tariff resource guide to help New Yorkers navigate the effects caused by Trump’s tariffs and provide resources on programs available to mitigate the impacts of tariffs.
The state has a target date of Sept. 30 to compile the data on the effects of federal tariffs on New York consumers, small businesses, construction, tourism and other sectors of the state’s economy.
“Trump’s tariffs are already inflicting pain and uncertainty on New York families and businesses—and that same economic chaos is being felt by millions more nationwide,” Gov. Hochul said. “That’s why we’re taking action to closely monitor and report on the impacts of these disastrous tariffs—and it’s why I’ll never stop fighting to put more money back in the pockets of everyday New Yorkers.”
Over the past six months, the Trump Administration has announced and imposed significant tariffs on imports of goods to the U.S. These tariffs, including major trading partners, have been announced, implemented, paused and resumed, creating uncertainty for families and business owners across the state.
The tariffs have increased prices for household goods, automobiles and housing, with the costs passed on to consumers. Such tariffs have also led to supply chain disruptions with increased costs for manufacturing industries, raising the price of supplies for small and large businesses across the state.
It was reported that the Trump Administration’s tariff policy has increased costs for New York’s agriculture sector, including for our more than 30,000 family farms, while simultaneously reducing access to international markets for New York-grown and manufactured food products. Trump’s tariff policies have also caused a negative impact on U.S. to Canada trade and tourism, according to published reports, including a 25 percent decline in vehicular border crossings between Canada and New York State in May 2025, compared to the prior year. New York City has sharply revised its 2025 tourism forecast, cutting expectations by 3 million visitors just two months after projecting a record-breaking year, according to the tracking source Hospitality Today. The adjustment reflects a rapid shift in global travel sentiment toward the U.S., driven by geopolitical tensions and policy concerns, the travel site reported.
State agencies are encouraged to assess and submit information regarding tariff impacts on an ongoing basis.
Published: July 15, 2025