That's because steel tariffs are expected to raise the price of that commodity, which is a large input cost for Whirlpool. On ...
The Trump administration had postponed the implementation of the new levies on Mexico and Canada, the United States' largest trade partners for one month. But the reprieve ends on Tuesday.
Whirlpool manufactures about 80% of what it sells in the U.S. domestically, with the remaining 20% produced in Mexico and China. The imposition of tariffs could lead to higher commodity prices ...