Tariff Quote Watch: Electrolux Readies Next Price Hike as Duty Risks Heat Up — Panjiva
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Tariff Quote Watch: Electrolux Readies Next Price Hike as Duty Risks Heat Up

China 1758 Industrials - Capital Goods 265 Tariff Quote Watch 91 Tariffs 1169 U.S. 3297

Electrolux has indicated that it may implement another round of price increases in the new year to pass through higher tariff costs in the U.S. That includes components and materials as well as completed home appliances. It will depend though on ongoing supplier negotiations according to CFO Therese Friberg. Tariffs on washing machines implemented in January have meant Electrolux’s total U.S. seaborne imports already fell 28.6% on a year earlier in the three months to Oct. 31. China accounted for 82.8% of Electrolux’s imports in the 12 months to Oct. 31 with the most notable produc...

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