Whirlpool’s $1.7 billion acquisition of Maytag, a storied Iowa brand of home appliances, offers a fascinating window into international trade and tariffs. At the time of the 2006 deal, Whirlpool was the largest appliance maker in the United States. Maytag was its...
The school year is finished, but whether we like it or not, Iowans have been sent to summer school this year. The subject for our summer education: the economics of foreign trade and tariffs. Professor Donald Trump assured us this would be really simple to master and...