Whirlpool says rivals have raced to do this to sidestep tariffs
212d ago
Business
MarketWatch

Whirlpool is accusing its competitors of preemptively stockpiling Asian-made appliances in the U.S. to circumvent existing tariffs. The company claims this strategy allows rivals to maintain lower prices in the short term, delaying the intended benefit of tariffs, which are designed to protect and bolster domestic manufacturing. Whirlpool suggests that these stockpiles will eventually deplete, leading to a more level playing field where domestic manufacturers can better compete.