Quote:
Originally Posted by Shoplifter
Whirlpool is thrilled at the idea of having Chinese companies like Haier excluded from the USA market. Foreign products are crushing them.
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You're lying.
Why do you disrespect people here by lying to them?
Whirlpool CEO: Steel prices have reached 'unexplainable levels'
“While the U.S. steel has also historically priced at a premium to the rest of the world, most recently, the U.S. steel is 50% more expensive than the rest of the world and simply cannot be explained by the input costs.”
As a result, the company has raised prices and may do so again.
Whirlpool shares plunge 14.5%, post worst day since 1987 as tariffs wreak havoc with costs and suppliers