FOR IMMEDIATE RELEASE
TUESDAY, MARCH 4, 2025
CONTACT: press@opportunitywisconsin.org
New tariffs will raise prices and threaten Wisconsin’s economy
As new tariffs go into effect today, farmers, small businesses, and working families will pay the price
MADISON, Wis. – As new tariffs go into effect against key trading partners China, Mexico, and Canada today, some as high as 25 percent, Wisconsin working families, small businesses, and farmers will pay the price as costs increase and markets for U.S. exports are restricted. President Trump’s announcement yesterday triggered retaliatory tariffs from China and Canada, including new tariffs on U.S. agriculture exports, which are vital to Wisconsin’s economy.
Statement from Opportunity Wisconsin Program Director Meghan Roh:
“Tariffs as high as 25 percent on key trading partners won’t make our economy stronger or help Wisconsin families succeed, it will do the opposite. President Trump’s announcement means working families will pay more for necessities, including groceries, clothing, and gas, and our farmers and the agriculture industry are going to be squeezed even more, just so that Trump and congressional Republicans can pay for more massive tax breaks for the wealthy and corporations. With so much economic uncertainty, it shouldn’t be difficult for Congressmen Derrick Van Orden and Bryan Steil to speak out against this chaos and the harm these tariffs are doing to the people they represent. It’s time for them to use their voice and stand up to President Trump so we can focus on economic policies that help our state succeed instead of fall behind.”
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