Quote:
Originally Posted by crockett
Washing machine prices have risen 20% since June thanks to Trump's trade war. Whirlpool was all MAGA about those tariffs until it started cutting into their profits and caused their stock price to drop 14% due to lost sales and increased production costs..
MAGA, impeach Trump..
https://money.cnn.com/2018/07/24/new...ffs/index.html
More dumb Trump nutters finding out reality is much different than what they think. It's amazing such idiots can run major companies and not understand how tariffs will affect their own market... |
plenty of countries use tariffs to protect businesses successfully all the time. I don't agree with it but it is the case. The problem here is trump, not the initial tariffs whirlpool wanted on washing machines. trump went apeshit, lashing out at everyone with tariffs.