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Stock impact report

REFILE-Hung out to dry twice, Tennessee city stumped by Trump's washer tariffs [Reuters]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Reuters
Hung out to dry twice, Tennessee city stumped by Trump's washer tariffs | Reuters 6 Min Read CLARKSVILLE, Tenn. (Reuters) - When President Donald Trump imposed steep tariffs on imported washing machines last week it was a “Not Again” moment for officials in this north Tennessee city that has lost jobs to an international trade dispute before. The move threatens to stunt the launch of a new LG Electronics ( 066570.KS ) washing machine factory under construction in Clarksville, just four years after the U.S.-China trade fight over solar panels scuttled a nearby $1.2 billion Hemlock Semiconductor polysilicon plant. “It’s like déjà vu for Clarksville, to say ‘how can this be happening twice to us,'” the city’s mayor, Kim McMillan, told Reuters. She said that the city government was scrambling to help the South Korean manufacturer accelerate its production launch by ensuring that utilities and infrastructure are quickly put in place at the factory site and expediting approvals. “We’ve go Show less Read more
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