Some Wisconsin companies could be exempted of tariffs


Some importers in Wisconsin could be granted exemption of new import tariffs on steel and aluminum. Gov. Scott Walker says President Donald Trump’s commerce secretary Wilbur Ross is well informed on the concerns of Wisconsin companies about the newly imposed tariffs on steel and aluminum imports.

Commerce Department will be able to grant exemptions to address these concerns. Bemis Industrial Products, the plastics manufacturer, imports ultra-thin aluminum foil. Also, food processor and distributor Seneca Foods’ use imported tinplate steel.

Tariff dispute with the EU can lead to serious problems associated not only with rising prices on imported goods. There are rumors, that Europe can impose tariffs on the Wisconsin cranberries. It will put already troubled cranberry producers on the brink of closure. According to the Wisconsin State Cranberry Growers Association data the total value of nearly $130 million was exported to the European Union in 2017. Could Europeans implement their tariffs on the cranberry import as an answer to the Donald Trump decision the only winners would be Canadian growers.

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