Trump’s Reckless Trade War Will Hurt American Families, Businesses, and Workers

“Donald Trump has plunged our country into a dangerous trade war and the American people will bear the cost. Thanks to Trump, American businesses will be saddled with higher costs, which could lead to higher prices on goods Americans need. Prices will likely go up the grocery store, as people still feel squeezed at the checkout counter. The price of homes is expected to increase, as materials used to build homes become more expensive, which comes as homeownership remains unaffordable to many.

For millions of Americans still grappling with inflation, Trump’s tariffs will be a gut punch. History should inform us that another trade war could cause devastation again. The last time Trump picked a trade fight, Wisconsin dairy farms suffered the brunt, contributing to record-level family farm bankruptcies and billions in bailouts. Trump resorted to costly bailouts to cover for his failures and have left farmers weaker in the long term.

In his second term, Trump continues to use tariffs as a political scheme, this time against our top allies and trading partners. Tariffs can help American industries and support our workers if they are used deliberately and carefully, but Trump’s across the board tariffs are neither. As our allies impose retaliatory tariffs, the damage will get worse. Donald Trump hasn’t even been in office for a month, and he is already breaking his promise to lower the cost of living.”

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.