Wisconsin business leaders and lawmakers are sounding the alarm about President Trump’s recent call for tariffs on steel and aluminum.
Trump said last week he plans to impose tariffs of 25 percent on steel and 10 percent on aluminum. In a tweet Friday, he said “trade wars are good, easy to win” when the United States is losing “many billions of dollars of trade with virtually every country it does business with.”
Wisconsin Manufacturers and Commerce CEO Kurt Bauer has come out against the plan, and U.S. Sen. Ron Johnson calls Trump’s announcement “concerning.”
Gov. Scott Walker says the president should reconsider this position on the tariffs, “particularly on ultra-thin aluminum.”
He says “there is not a market in America that can support the demand for ultra-thin aluminum for employers here in Wisconsin and across the country.”
In a tweeted statement, MillerCoors said this action will cause aluminum prices to rise.
“It is likely to lead to job losses across the beer industry… American workers and American consumers will suffer as a result of this misguided tariff.” Read the full story here.