re: Whirlpool,supporter of early tariffs on appliances, say steel tariffs are hurting them bad

quote:

---

swung to a second -quarter loss after booking $747 million in charges on its European business and paying $114 million for an antitrust settlement in France, wiping out the benefits of higher prices pushed through to counter the effect of tariffs on imports of steel, one of its largest costs.

---

quote:

---

Whirlpool said it has struggled to integrate its 2014 purchase of Itlay’s Indesit Co. and faced economic and operational issues, as the company worked to gain more exposure to Europe’s appliance market.

---

So poor business decisions have cost them profits this year, and they’d like to blame it on the tariffs. Nice try bud.