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Tulsa businesses take wait and see approach amid tariff pause

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TULSA, Okla — As the U.S. takes a 30-day pause on the 25% tariffs announced Feb 1 on most goods from Mexico and Canada, companies in the Tulsa area are keeping a close eye on what's happening.

2 News reached out to many before the pause went into effect. Nearly all had the same response - 'it's too soon' to know what impact tariffs will have on their business.

Jake Dollarhide with Longbow Asset Management watches the markets closely. He told 2 News "I don't think they want to comment because they already know their products are going to be less attractive if this goes through."

WATCH: How will tariffs on Canada impact Oklahoma?

Tulsa businesses take wait and see approach amid tariff pause

2 News also reached out to the Tulsa Chamber of Commerce. It referred us to the Oklahoma State Chamber of Commerce, which deferred to the Oklahoma Commerce Department.

It responded:

It's too early to determine how the new federal policy will affect the state. Commerce will monitor the situation and continue working to make Oklahoma the most business-friendly state in the country.

Canadian Government Data shows Oklahoma sells more goods to Canada than its following four largest foreign markets combined and Canadian companies employ more than 4,700 workers in Oklahoma.

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