Colorado small business owners say steel, aluminum tariffs are crushing profits

ENGLEWOOD, Colo. — Colorado small business owners said steel and aluminum tariffs are crushing profits.

Denver7 first introduced you to Mike Mojica in 2022. He thought 2024 was a turning point for his small business, Outdoor Element, which makes fire-starting carabiners, survival knives, and other outdoor gear.

Outdoor Element just finished its best year yet, but six months into 2025, Mojica said the business is in survival mode.

“We had tariffs just smacked us down,” Mojica said. “It’s been real. It’s been hard. It’s been a struggle.”…

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