Trump Tariffs Hurt Milwaukee Port
Corn exports decimated, steel imports a concern.
The Associated Press is reporting that retaliatory tariffs from China and other countries will affect $27 billion in United States exports, but while some Wisconsin ports are seeing the impacts of tariffs, others aren’t.
President Donald Trump announced tariffs of up to 25 percent on steel and aluminum in March. Those tariffs went into full effect in June. The European Union responded with its own 25 percent tariffs on U.S. products like corn.
“We’re already seeing the Canadian corn market respond to the need in Western Europe because under the current tariff regime, customers including some that work at Port Milwaukee, just aren’t exporting corn right now,” said Schlicht.
“I think it’s safe to assume that more of the storage space at harvest will get filled up with the entire harvest of all crops this year,” he said. “CHS’s space availability would be included in that statement.”
Griffith said the tariffs have changed the flow of grain to international markets.
“The Port of Duluth-Superior could ship soybeans to Europe, for example, this harvest season, which would be a very unusual move,” he said. “But that’s because the beans aren’t flowing … to China.”
China placed a retaliatory tariff of 25 percent on U.S. soybean imports in early July. Around 774,000 tons of grain and byproducts moved through the Twin Ports in 2017, which is down from around 1.1 million tons in 2016.
“Sometimes, it takes a while for these to kind of adjust and we may not see that until next year or the year after because these economic swings just don’t happen overnight,” said Serck. “Hopefully, these numbers will go up. I think the latest report just came out that we’re above last year on some of our exports out of here so that’s a good thing.”
Iron ore exports in the Twin Ports, as of July this year, were up slightly over the same time last year, and domestic shipments were higher as well.
But in Milwaukee, Schlicht said he’s worried about steel imports. He said last year was one of the best they’ve had with around 180,000 metric tons of steel imported.
“My anxiety comes in in 2019,” he said. “What will these tariffs and just the proposal of tariffs — even if they’re not fully enacted — mean for existing trade relationships and trade patterns coming into the Great Lakes, including the Port of Milwaukee?”
However, Dean Haen, director of the Port of Green Bay, said they don’t generally handle cargo that’s currently affected by tariffs.
“Current commodities that we’re moving in and out through the port are not impacted by any tariffs that are being placed on foreign goods,” said Haen.
Haen said they handle mostly coal, cement and limestone.
Listen to the WPR report here.
US Ports, Including Some In Wisconsin, Feeling Effects Of Trump Administration Tariffs was originally published by Wisconsin Public Radio.
More about the Trump Tariffs
- Ron Johnson Calls for Ending Tariffs - Hope Kirwan - Feb 8th, 2019
- Harley-Davidson Earnings Down - Patty Murray - Jan 31st, 2019
- Tariffs Affecting Great Lakes Ports - Danielle Kaeding - Jan 5th, 2019
- Trump Tariffs Hurt Milwaukee Port - Danielle Kaeding - Sep 4th, 2018
- Harley Riders Oppose Boycott of Company - Laurel White - Sep 3rd, 2018
- Answer the Question, Scott Walker - One Wisconsin Now - Aug 13th, 2018
- Trump’s Aid to Farms Gets Mixed Reviews - Rich Kremer - Jul 26th, 2018
- Voters Unhappy About Tariffs, State Roads - Chuck Quirmbach - Jul 19th, 2018
- Businesses Complain About Trump Tariffs to Johnson - Chuck Quirmbach - Jul 17th, 2018
- Canada’s Tariffs Target Wisconsin - Scott Gordon - Jul 16th, 2018
- Data Wonk: How Trump Threatens State’s Exports - Bruce Thompson - Jul 5th, 2018
- Walker Avoids Harley Issue at Parades - Chuck Quirmbach - Jul 5th, 2018
- Campaign Cash: Harley Gave Generously to Republicans - Wisconsin Democracy Campaign - Jun 26th, 2018
- Harley-Davidson Job Losses: Walker Owns This - Democratic Party of Wisconsin - Jun 26th, 2018
- Scott Walker Flies While Harley Davidson Flees - One Wisconsin Now - Jun 26th, 2018
- Op Ed: Trump Dead Wrong on Canadian Trade - John Torinus - Jun 21st, 2018
- Op Ed: Trump’s Tariffs Hurt Wisconsin Economy - John Torinus - Jun 11th, 2018
- Trump Tariffs Threaten State’s Exports - Steven Deller, Tessa Conroy and Matthew Kures - May 13th, 2018
- Op Ed: Trump Tariffs Will Harm Trump Country - John Torinus - Mar 14th, 2018
- Statement Regarding Governor Walker’s Phone Call with U.S. Department of Commerce Secretary Wilbur Ross - Gov. Scott Walker - Mar 9th, 2018
- Op Ed: Ryan Finally Stands Up to Trump - Gregory Humphrey - Mar 8th, 2018
- Governor Walker Visits Wisconsin Employers in Oshkosh, Janesville that Have Expressed Concern with President Trump’s Proposed Tariffs on Steel and Aluminum - Gov. Scott Walker - Mar 6th, 2018
- Governor Walker Releases Statement on the Trump Administration’s Proposed Steel and Aluminum Tariffs - Gov. Scott Walker - Mar 2nd, 2018
- Norquist: Trump Tariffs Will Hurt State Workers - John Norquist - Feb 2nd, 2017