Capital City Sunday: Tariffs, how much it will cost you? State Treasurer Sarah Godlewski

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MADISON (WKOW) — This week trade experts say you’ll start noticing price increases at stores because of the recent rounds of tariffs.

From footwear, clothes and even prices at the grocery store UW Professors Ian Coxhead, Economics of Development & Mike Copelovitch, Political Science & Public Affairs examine the sticker shock you might experience.

The New York Federal Reserve said tariffs could cost average household anywhere from $800 – $2,000.

Plus, more than 50% of working Wisconsinites have less than $3,000 saved for retirement, according to State Treasurer Sarah Godlewski.

Governor Tony Evers appointed her to serve on the Retirement Taskforce to find solutions to a growing problem for baby boomers and college-aged individuals. Godlewski said too often she hears people wished they saved more.

Emilee Fannon

Emilee Fannon

Capital Bureau Chief

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