Friday, April 11, 2025

Merry 145% More Expensive Christmas

 April 11, 2025

FOR IMMEDIATE RELEASE


Merry 145% More Expensive Christmas


Free trade is fair trade. What is neither is random, excessive taxes in the form of

tariffs on products and industries that will affect every American every day.


Christmas, the peak of American consumerism, is heavily dependent on imported

goods. 76% of smartphones, 78% of portable computers, 70% of the lithium ion

batteries used to power those products, 77% of toys, and 87% of video games are

Chinese imports. With the Trump Administration imposing new tariffs to bring the

rates on China to as much as 145%, the possibility of any of those individual

products doubling in price is quite high. Also, any product that may be made in

America with imported components will also see their prices spike.


“I contend that for a nation to try to tax itself into prosperity is like a man standing in a

bucket and trying to lift himself up by the handle.” ― Winston S. Churchill


The Libertarian Party of Wisconsin (LPWI) would gladly donate a bucket to President

Trump if that would get the point across.


For more on the Libertarian Party of Wisconsin, please visit www.lpwi.org.


Libertarian Party of Wisconsin 

presslpwi@gmail.com 

Press Secretary—Tim Johnson


Friday, April 4, 2025

Wisconsin Farmers Take Hit From Trade War

 April 4, 2025

FOR IMMEDIATE RELEASE


Wisconsin Farmers Take Hit From Trade War


Historically, February into March in Wisconsin is a time of planning and planting for our

farmers. It is also the time where prices for their commodities continue their rise to the midsummer peaks before the decline towards harvest.


Unfortunately, due to the unprecedented trade war begun by the Trump Administration,

important commodities for Wisconsin farmers have seen their prices plummet. According to

the American Farm Bureau Association, May corn futures are off over 10% from their mid-

February peak. May soybeans have slightly recovered to be only off around 9% from their

early February peak. April Class IV milk is also down over 10% from its 52 week high.


10% may not sound like much, but apply that to your own finances. What changes would you

have to make if you saw a 10% reduction in your income overnight?


Despite the claims by the president that, "Tariffs do not cause inflation, they cause success",

it is becoming clear that success for the Wisconsin farmer under Trump means less income

and possibly fewer buyers for their goods.


Trade wars damage everyday Americans - the same "little guys" that Trump claims to be

fighting for. Lower income and higher prices while government revenue through taxation is

not what the American people voted for, but it appears that is exactly what they are going to

get if the tariff battles don't stop soon.


For more on the Libertarian Party of Wisconsin, please visit www.lpwi.org.


Libertarian Party of Wisconsin 

presslpwi@gmail.com 

Press Secretary—Tim Johnson


Merry 145% More Expensive Christmas

  April 11, 2025 FOR IMMEDIATE RELEASE Merry 145% More Expensive Christmas Free trade is fair trade. What is neither is random, excessive ta...