Originally Posted by Shoplifter

The impact of cheap imports from China far outweigh any issues with materials costs. The materials costs will resolve, but without tariffs the import issue will not.

WHR stock would have been down today one way or the other, and I am sure they are looking at finessing their numbers into some corporate gibs.

How much access do you think Chinese consumers have to foreign products? Do you think they occupy any shelf space in China except under exotic circumstances? Do you think companies like WHR sell any finished product in China?

I'm not an American and I don't really have a dog in this fight. But I have spent a lot of time in China and their market is closed like a drum by both unfair law and prejudice to foreign products. The trade imbalance is outrageous and unsustainable and has to be corrected. Not going to be pretty but it has to be done.

Originally Posted by Bladewire

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