The Wisconsian Business is preparing to impact tariffs – Spectrum News 1

Stoughton, wis.

One of these businesses is the Stough trailers. The company has produced semi -trailers for over 60 years.

Bob Walin is the president and CEO of the company. He said his company had already observed the impact of tariffs on business in the past.

“When tariffs are placed on a new product that enters the United States, it can raise US prices,” Walin said. “So we get this indirect pricing.”

Welin said Stough’s trailers use tons of steel and aluminum every day. The greater part of it is obtained in the United States, but some are imported from abroad.

Walin said things could be complicated after Trump’s last round of Trump’s tariffs.

“Sometimes tariffs can make the material more difficult for a source, more difficult to achieve hands can be higher prices,” he said. “We have to work with our customers on these things.”

Walin said that while prices can increase in the short term, he hopes he will return more, higher paid production jobs in the United States

“We need to be able to build our own product, bring these jobs, bring this automation, bring this investment and build it here in the United States,” he said.

While some economists believe that tariffs can lead to higher inflation, Walin said it was a burden he and his business are ready to rejoice.

“This is something we are willing to take at times, even if we learn, for the greater good for bringing jobs and restoring this critical industry in both steel and aluminum in the United States,” he said.