Panjiva Daily: FedEx faces trade war toll; LG, Electrolux let tariffs wash over them September 19, 2019 FedEx saw lower revenues and profitability, and cut its guidance, as a result of the impact of the U.S.-China trade war’s tariffs – it may soon face non-tariff troubles too. U.S. washing machine tariffs have cut most imports, but LG and Electrolux are unbowed. Also: Intel, ON tackle semiconduc... Read more →
LG Electronics, Electrolux Refuse To Be Washed Out By Tariffs September 18, 2019 The Trump administration’s tariff-led approach to trade policy has had varying success. Imports of solar panels have begun to increase despite tariffs, while steel and aluminum duties have been largely successful in reducing imports. The combination of tariffs and quotas in the case of washing... Read more →
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