Wisconsin exports down, imports up through three quarters

If tariffs are meant to tip the trade imbalance towards something more positive domestically, things are going in the wrong direction in Wisconsin.

A new report says Wisconsin exports have been slightly down for the first nine months of 2018, while tariffs have been piling up from the Trump administration.

At the same time, the state’s imports have been increasing at a faster pace than the nation as a whole.

Imports jumped in the state by $22.47 billion — up by 12.3% for the year through September. U.S. imports have increased by 9.4% during the first nine months of 2018.