Economist expects Whirlpool, other appliance makers to be hit with higher costs due to tariffs

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Economist expects Whirlpool, other appliance makers to be hit with higher costs due to tariffs

The Trump administration has announced a new 25% tariff on all steel and aluminum imports into the United States, potentially driving up the cost of a variety of products. So, what could this mean for an appliance maker like Whirlpool? We asked Dr. Brian Long, the Director of Supply Management at the Seidman College of Business at Grand Valley State University. Long says Whirlpool does, in fact, use a lot of steel. “What may happen as a result o…