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Stock impact report

Fact check: Trump and Vance keep falsely describing how tariffs work [CNN]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: CNN
Trump has falsely, and repeatedly, claimed that China – not US importers – pay the tariff. At a rally in Arizona in mid-August, he claimed that Vice President Kamala Harris, his Democratic opponent, is lying when she refers to his tariff plan as a “Trump tax.” “She is a liar. She makes up crap … I am going to put tariffs on other countries coming into our country, and that has nothing to do with taxes to us. That is a tax on another country,” Trump said In September, he repeated the claim during an interview with Fox News: “It's not a tax on the middle class. It's a tax on another country.” And he said again during a rally in Wisconsin Saturday that “it's not going to be a cost to you, it's going to be a cost to another country.” Vance said in late August that as a result of tariffs Trump imposed during his presidency, “prices went down for American citizens.” “They went up for the Chinese but they went down for our people,” Vance added. But that's not true. Facts Fir Show less Read more
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