Tariffs on steel and aluminum could impact appliance industry

American retailers are already receiving notifications from manufacturers about imminent price increases, signaling potential financial strain for both businesses and consumers. 

One appliance company recently informed retailers that due to extraordinary upward cost pressures affecting our business, we will implement targeted price increases.”
These adjustments could result in significant price hikes on household appliances. 

Maybe something that costs $2,000 now is going to cost $3,500. That’s a big impact on us and consumers as well,noted one industry expert. 

Beyond pricing concerns, ongoing tariffs continue to challenge product availability. Despite being labeled “American-made,” many appliances still rely on internationally sourced components. 
It is affecting manufacturing because, regardless of whether they’re American-made, a lot of the parts come from overseas,”one expert explained. 
As businesses navigate these cost fluctuations, consumers may need to prepare for higher price tags and potential delays when shopping for new appliances