Mainecat Posted July 24, 2018 Share Posted July 24, 2018 Whirlpool loved Trump's tariffs. Now it's struggling Source: CNN In January, when Trump announced tariffs on imported washing machines, CEO Marc Bitzer said, "This is, without any doubt, a positive catalyst for Whirlpool." But the Trump administration didn't stop there. It imposed tariffs on some imported metals, sending raw material prices on steel and aluminum higher. That raised costs for Whirlpool and squeezed profit margins. The company responded by raising prices on washing machines in the United States, causing some demand to fall. Whirlpool's (WHR) stock tanked 10% premarket Tuesday after it missed Wall Street's expectations and it cut its full-year outlook in part due to higher costs. Read more: https://money.cnn.com/2018/07/24/news/companies/whirlpool-washing-machines-trump-tariffs/index.html Quote Link to comment Share on other sites More sharing options...
Zambroski Posted July 24, 2018 Share Posted July 24, 2018 Trump touched MC at birth. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted July 24, 2018 Platinum Contributing Member Share Posted July 24, 2018 Just now, Zambroski said: Trump touched MC at birth. And Momo ate it. Quote Link to comment Share on other sites More sharing options...
Momorider Posted July 24, 2018 Share Posted July 24, 2018 3 minutes ago, Jimmy Snacks said: And Momo ate it. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted July 24, 2018 Platinum Contributing Member Share Posted July 24, 2018 yet a quick look at a 1 yr chart paints a different picture. https://www.google.com/search?ei=x55XW_-ZJuKZ_QaMzJPoBw&q=whirlpool+stock+price+history&oq=whirlpool+stock&gs_l=psy-ab.1.2.0i71k1l8.0.0.0.118448.0.0.0.0.0.0.0.0..0.0....0...1..64.psy-ab..0.0.0....0.HOh08ibQIUw Quote Link to comment Share on other sites More sharing options...
Mainecat Posted July 24, 2018 Author Share Posted July 24, 2018 MAGA Quote Link to comment Share on other sites More sharing options...
Cold War Posted July 24, 2018 Share Posted July 24, 2018 Well, besides, banging hot broads & presidential runs. Quote Link to comment Share on other sites More sharing options...
01mxz800 Posted July 24, 2018 Share Posted July 24, 2018 isn't this like the 5th everything PRESIDENT TRUMP touches turns to shit thread MC has started 1 Quote Link to comment Share on other sites More sharing options...
Freddy the Freeloader Posted July 24, 2018 Share Posted July 24, 2018 4 minutes ago, 01mxz800 said: isn't this like the 5th everything PRESIDENT TRUMP touches turns to shit thread MC has started yeah no shit, strange feller this mainecat is, mighty confused Quote Link to comment Share on other sites More sharing options...
f7ben Posted July 25, 2018 Share Posted July 25, 2018 4% GDP Obama didnt create that in 8 years Quote Link to comment Share on other sites More sharing options...
Sal Rosenberg Posted July 25, 2018 Share Posted July 25, 2018 14 minutes ago, f7ben said: 4% GDP Obama didnt create that in 8 years Festis would much rather have Whirlpool making machines out of Obama endorsed Chink fucking shit steel vs looking at the big picture . Quote Link to comment Share on other sites More sharing options...
f7ben Posted July 25, 2018 Share Posted July 25, 2018 15 minutes ago, Sal Rosenberg said: Festis would much rather have Whirlpool making machines out of Obama endorsed Chink fucking shit steel vs looking at the big picture . Yup Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted July 25, 2018 Share Posted July 25, 2018 On one hand I don’t give a fick what happens to whirlpool. Nor Maytag, jenn-sire or any other shit brand that falls under that umbrella. Never buying their crap again. However, this is going to hurt US jobs and consumers. Whirlpool brand has nine manufacturing plants in the US Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted July 25, 2018 Share Posted July 25, 2018 35 minutes ago, Sal Rosenberg said: Festis would much rather have Whirlpool making machines out of Obama endorsed Chink fucking shit steel vs looking at the big picture . Only the steel isnt what breaks on the poorly made junk Quote Link to comment Share on other sites More sharing options...
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