Whirlpool feels the benefit, and burden, of Trump administration tariffs

Adrian Ma Apr 20, 2018
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Whirlpool appliances are offered for sale alongside other brands at a Home Depot store on October 24, 2017 in Chicago, Illinois. Scott Olson/Getty Images

Whirlpool feels the benefit, and burden, of Trump administration tariffs

Adrian Ma Apr 20, 2018
Whirlpool appliances are offered for sale alongside other brands at a Home Depot store on October 24, 2017 in Chicago, Illinois. Scott Olson/Getty Images
HTML EMBED:
COPY

Critics of President Donald Trump’s steel and aluminum tariffs say the policies hurt U.S. manufacturers that use a lot of those materials. And one industry likely to feel the pinch of higher production costs: home appliance manufacturers. Still, at least one major domestic appliance company, Whirlpool Corp., may come out ahead, thanks to another protective tariff — on foreign washing machines.

Ideastream’s Adrian Ma is with the Marketplace Hub in Cleveland.

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