USA Today: New tariffs threaten Wisconsin’s Trek Bicycle, soybean farmers as trade war with China heats up
From bicycles to beans, much of the nation is caught in the crossfires of President Donald Trump’s trade war.
Starting Monday, the Trump administration will begin taxing $200 billion more in Chinese goods. The tariffs will start at 10 percent and rise to 25 percent in 2019.
The product list is huge, and it includes goods from some of Wisconsin’s most well-known companies, such as Waterloo-based Trek Bicycle Corp.
Read the full story here.