If Trump Follows Through With Tariffs, Here's How It Can Impact American Jobs [Forbes]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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Source: Forbes
election, clinching a historic second non-consecutive term and becoming the country's 47th president. Upholding his "America First" trade principles, Trump ran on the campaign promise of prioritizing American interests in international trade by renegotiating trade agreements and implementing tariffs on imports. Tariffs are essentially taxes on imported goods, paid by American companies importing those products. The goal is to enhance domestic manufacturing and reduce reliance on foreign products. His proposals include implementing a general tariff of up to 20% on all imported goods, along with a specific tariff targeting imports from China (60%), which is one of the country's major trading partners. Tariffs can protect industries that are considered vital to national security or economic stability by making foreign goods more expensive, thereby increasing the competitiveness of domestic products. This can lead to job preservation in industries like steel, manufacturing and agric
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WHR
News
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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