Welp, the company has stopped cheering the Trump tariffs because of the “unintended consequences”. They should have known better.
As I said most Americans have very little knowledge of what is built in the US.
They should just get in line and ask for a bailout. GOP loves bailouts.
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No pain, no gain.
Surely those Whirlpool employees can live off their Trump tax cut windfalls?
With those tax cuts, they can more than easily pay for a Costco membership.
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Or tide, or woolite.
Womp womp.
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With change left over for a lottery ticket.
We’ll start seeing more of this as the consequences of the Trump tariffs become clearer.
If the GDP numbers are good today the Trumpanzees better enjoy the gloat because the future looks dim.
I saw it last week. An immediate 4% increase on the cost of metal products I buy. No 30 day notice, nothing. Just BAM!
That actually hurts me because my quotes are valid for 30 days. So, I get to eat that 4%.
While it annoys me I didn’t have time to adjust my quotes I am willing to suck it up for 30 days if the end result is better for our country.
How is cancelled orders and job losses and losing their farms making America better?
I can’t speak to farming, but I suspect with the subsidies most will weather the storm. I also suspect they will change what they grow to meet demand elsewhere and charge premium prices for it.
China is currently tapping reserves for soybeans and buying from South America (at a premium). It is a waiting game, a game of chicken. China knows we elect presidents every four years so they can gamble that the tides will turn in their favor.
I’d rather pay subsidies to our farmers, weather and win the trade war than I would build hospitals and bridges in foreign countries.
I’m sucking it up in my business and I’m not complaining.
You want to decrease American imports and pay down US debt and invest in US infrastructure?
Just put a VAT tax on non food products.
It doesn’t start trade wars.
You want to decrease American imports
No
Yes
No.
don’t worry more bailout on the way.
They will get a bailout and the usual Trump cultists will explain why Whirlpool’s bailout is important for National Security.
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Of course they are, they are being killed by cheap Chinese imports which is part of what this administration is trying to solve by renegotiating our trade deals.
How are trade deals going to stop cheap Chinese imports from “killing them”?
(Ignoring that cheap Chinese imports are not the reason they’re struggling now)
