Tag Archives: Electrolux

TENNESSEE: Sweden’s Electrolux Puts Major Expansion On Hold After Trump Unveils Stiff Tariff On Steel

CNBC reports: Sweden’s Electrolux, Europe’s largest home appliance maker, said on Friday it would delay a planned $250 million investment in Tennessee, after U.S. President Donald Trump announced tariffs on imported aluminum and steel. On Thursday, Trump said the duties — 25 percent on steel imports and 10 percent on aluminum — would be formally announced next week, although White …

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