Higher prices, extra jobs: Lessons from Trump's washing machine tariffs [Yahoo! Finance]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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Source: Yahoo! Finance
Will anything actually change? Or will Trump's tariff threats end up as meaningless bluster? Turns out, there's a handy little case study on tariffs from Trump's first term in office. In 2017, appliance giant Whirlpool ( WHR asked for help curbing imports of washing machines by its Korean rivals LG and Samsung. In early 2018, Trump imposed tariffs ranging from 20% to 50% on most imported washing machines. Whirlpool's chairman at the time called the move “ a victory for American workers and consumers alike .” Trump imposed many other tariffs, but they mostly affected industrial products and components that went into other finished goods, making it hard to isolate the effects of tariffs. Washing machines were one of the few consumer goods subject to new import duties. The tariffs were supposed to lapse in 2021, but shortly before leaving office, Trump extended them for another two years . They finally expired in January 2023. So there's a before, during, and after period that allo
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News
- Whirlpool (WHR) Rises But Trails Market: What Investors Should Know [Yahoo! Finance]Yahoo! Finance
- Whirlpool Employee Volunteers Embody the Company's Values [Yahoo! Finance]Yahoo! Finance
- Beko earns the highest ESG score in the DHP Household Durables Industry in the S&P Global Corporate Sustainability Assessment [Yahoo! Finance]Yahoo! Finance
- Whirlpool (WHR) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Washing Machine Market Size to Hit USD 117.54 Billion by 2032 as Smart, Sustainable Designs Drive Consumer Demand | Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
WHR
Earnings
- 10/23/24 - Beat
WHR
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- WHR's page on the SEC website