The purpose of the tariffs (aside from raising money for the government) is to encourage manufacturing to stay in or move to the U.S.
I have a personal interest in G.E. Appliances since I own a G.E. range and microwave and might buy a G.E. dishwasher, washing machine or dryer when my 1987 appliances finally give up the ghost someday. (I actually prefer the simple G.E. appliances to the fancy “smart home” appliances from LG and Samsung because there’s less to go wrong.)
GE Appliances Plans $3 Billion U.S. Investment to Help Blunt Tariffs
Chinese-owned maker of refrigerators and stoves will add 1,000 jobs across five states
By John Keilman, The Wall Street Journal, 8/13/2025
GE Appliances will invest $3 billion to expand and modernize U.S. factories in South Carolina, Tennessee, Georgia, and Alabama. ..Helping to blunt the effects of tariffs by reshoring some work now done in China and Mexico… [end quote]
This is a move in the right direction. Though tariffs harm consumers overall at least a few manufacturing workers will get jobs. Time will tell whether the company will keep prices stable or raise them to meet tariffed competition.
Wendy