“The U.S. company was a major advocate for legislation to protect against what Bitzer last year called a ‘long story of dumping’ by foreign competitors LG and Samsung in the washing machine business. Now the company cites U.S. tariffs on steel and aluminium as contributing to the increased cost in Whirpool’s raw materials.”
Read more: https://www.cnbc.com/2018/07/24/whirlpool-stock-plunges-as-tariffs-hit-suppliers-steel-costs.html
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