U.S. washer tariffs put Samsung, LG supply chains through the wringer [Reuters]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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Source: Reuters
U.S. washer tariffs put Samsung, LG supply chains through the wringer | Reuters 5 Min Read SEOUL (Reuters) - When South Korea’s Samsung Electronics and LG Electronics last year announced plans to build home appliance factories in the United States, they hoped to sidestep any fallout from President Donald Trump’s “America First” manufacturing and jobs mantra. Last week’s decision by the U.S. government to impose tariffs of up to 50 percent on imports of washing machines and key components showed that wasn’t to be. The inclusion of hefty tariffs on components in particular had moved the goal posts in a long-running trade dispute, upending supply chains and threatening investment across other industries, officials from the companies and the South Korean government said. “It’s unprecedented and excessive, and will set alarm bells ringing for other companies doing businesses in the United States,” said one Samsung official, declined to be named as he was not authorized to speak to media. A
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WHR
News
- Here's What Key Metrics Tell Us About Whirlpool (WHR) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- ServiceNow earnings, Whirlpool job cuts: After-Hours Movers [Yahoo! Finance]Yahoo! Finance
- Whirlpool Is Cutting 1,000 Jobs as US Appliance Demand Remains Stagnant [BNN Bloomberg (Canada)]BNN Bloomberg
- Whirlpool cuts 1,000 jobs, WSJ reports [Reuters]Reuters
- Whirlpool Announces First-Quarter Results; Significant Portfolio Transformation Milestone [Yahoo! Finance]Yahoo! Finance
WHR
Earnings
- 4/24/24 - Beat
WHR
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/23/24 - Form 8-K
- WHR's page on the SEC website