CNN —
Some of President Donald Trump’s steepest tariffs are on products like washing machines, and on Thursday, GE Appliances said it would spend a half a billion dollars to make even more of them in the United States.
Tariffs, however, weren’t the driving factor behind the decision, the company’s CEO says, but they did serve as an accelerant.
GE Appliances announced it would spend $490 million to move some washing machine production from China and build a high-tech clothes care operation at its massive industrial park and headquarters in Louisville, Kentucky, where
→ Continue reading at CNN - Business News
