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A federal appeals court ruled last week many of the tariffs put in place by the Trump administration exceeded authority granted to the President.Despite the ruling, tariffs are still in place for now and its impacting local small businesses.
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In 2023, Wisconsin exported $518 million in dairy products with the largest market being Canada followed by China.
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Farmer shares impacts he felt from tariffs during Donald Trump's first term
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This week, President Trump announced exemptions and exceptions from 2018 tariffs on imported steel would be removed. The tariff on imported aluminum will also go from 10% to 25%.This means all steel imports will be taxed at a minimum of 25%. The change will go into effect next month.