Wisconsin businesses have already started raising their prices in anticipation of tariffs driving import costs, experts told an audience in Ripon. When the prices to produce goods goes up and there are few alternate avenues to reduce those costs, producers are forced to increase prices for consumers and retailers, he added. “But just like the first time around, when President Trump put the aluminum and steel imports, I had a client that was manufacturer, stainless steel fabricator down in Milwaukee,” he said. They lost business, yes, but they’re not going to lose money.”Despite the fact that business have started to increase prices, Sandi Siegel, president of M.E. “And so land prices can only go so far down before they’re at risk of bankruptcy and foreclosure,” Mechaelsen said.