Within hours of the U.S. Supreme Court striking down the Trump administration’s tariffs, Denver and Colorado business leaders said the justices provided clarity, adding stability and predictability are essential to the American economy.

The court’s 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs the president levied on nearly every other country.

“The Denver Metro Chamber of Commerce believes strongly in the importance of free and fair trade to support economic growth and ensure American businesses remain competitive globally,” J.J. Ament, president and CEO of the Denver Metro Chamber of Commerce, said in a statement to The Denver Gazette. “At the same time, we value the rule of law and collaboration between Congress and the White House in shaping effective trade policy. Trade decisions have significant and direct impacts on our members, making predictability, stability, and transparency essential.”

“The Court’s decision provides important clarity and helps establish the defined lanes needed for policymakers to work together toward thoughtful, consistent trade policies that support businesses, workers, and long-term economic prosperity,” he added.

The Trump administration had defended the tariffs policy, saying it would strengthen the country’s economic position and protect American workers, and arguing the large U.S. trade deficits have hollowed out the manufacturing base here and undermined supply chains.

The tariffs had affected several business sectors and industries in Colorado, from wheat to bicycle retailers to automotive dealerships.

The head of the Colorado Automobile Dealers Associationation said it “supports anything that will contribute to making vehicles more affordable for consumers.”

Others said the court’s decision offered a temporary relief — but that the Trump administration will likely try other options.

“While the court struck authority under IEEPA (International Emergency Economic Power Act), there are still multiple avenues by which the administration can apply tariffs,” said Matthew Groves, president and CEO, in a statement. “We consider today’s ruling temporary relief, but expect to see another attempt at tariffs, given their centrality to the President’s economic plan.”

Trump announced he would sign an executive order imposing a 10% “global tariff rate” over and above existing tariffs hours after the court’s ruling.

“Their decision is incorrect,” he said of the court’s decision. “But it doesn’t matter because we have very powerful alternatives.”

The Colorado Chamber of Commerce expressed hope the ruling will offer some of its members relief.

“Many of our members across various sectors experienced significant impacts to their operations due to the tariffs imposed last year, from supply chain disruptions to increased overhead costs and overall uncertainty about the future,” said chamber President and CEO Loren Furman in a statement. “We’re hopeful that this decision will bring stability to the market and reduce costs across the board for Colorado employers and families at a time when our state is already one of the most expensive places to live and do business.”

The Colorado chamber is the state affiliate of the National Association of Manufacturers. According to NAM, for every $1 of manufacturing output, Colorado imports 7 cents of inputs from trading partners Canada and Mexico. For Canada, Colorado’s largest trading partner, the state imports $5.4 billion of goods and exports $1.6 billion annually, according to the chamber.

The National Association of Wheat Growers said the tariffs negatively affected farmers.

“As policymakers consider next steps following the court’s decision, it is essential that America’s farm families ongoing financial crisis be considered,” the group said in a news release. “Wheat growers finished the third straight year of financial losses driven by stubbornly high supply costs and low prices for the crops we grow.

“We depend on fertilizer, crop protection tools, equipment, repair parts and other supplies that sometimes come from trading partners to successfully plant and harvest each year’s crop,” the group added.

The Associated Press contributed to this report.