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RACHEL MARTIN, HOST:
OK. We're going to spend the next few minutes talking about household appliances. Not so much about how they can refrigerate your food or wash your clothes, but rather, how they help us understand the current trade dispute between the U.S. and China. NPR's Alina Selyukh explains.
ALINA SELYUKH, BYLINE1: Home renovations. If you've done one, you know it can be exasperating3, time-consuming, expensive. And Jani Mussetter is doing more than a renovation2. She's doing a remodel4 - bathrooms and a whole new kitchen.
JANI MUSSETTER: It really was daunting5, the whole experience. You know, I bought everything. I bought a washer, dryer6, a refrigerator, freezer, dishwasher, a range.
SELYUKH: And as she was going to showrooms for all these appliances in January, this stressful thing kept coming up.
MUSSETTER: The moment I walked in, everyone pretty much warned me that February 1, everything was going up.
SELYUKH: As in going up in price. And because Mussetter was shopping on the higher end, that could mean hundreds of dollars.
Did they say why?
MUSSETTER: They said because of all of the tariffs8.
SELYUKH: The tariffs. They've been making a huge impact on the cost of appliances in the U.S. Take Whirlpool. It's a leading American appliance maker9, and Whirlpool prices barely changed for years, says Alvaro Lacayo, housing analyst10 at G.research.
ALVARO LACAYO: And then when you look at what happened in 2018, you saw a big tick upward.
SELYUKH: And at first, the price ticking upward was pretty welcome news for Whirlpool. It reflected Whirlpool's victory over its two main foreign competitors, LG and Samsung. They're both based in South Korea, and for years, Whirlpool argued...
LACAYO: That LG and Samsung had been dumping appliances into the U.S. market at below cost, rendering11 competition irrational12.
SELYUKH: And last January, President Trump13 agreed with Whirlpool. He set a new hefty tariff7 on imported washing machines. Selling washers to Americans became more expensive for foreign companies, and domestic manufacturers, like Whirlpool, could finally raise prices. But then Trump imposed more tariffs - on metals, like aluminum14 and steel, which is critical to building almost any appliance. Suddenly, appliance makers15 everywhere, including Whirlpool, began complaining about the rising cost of raw materials. They had little choice but to start hiking their own prices.
STEVE SHEINKOPF: On certain products, you could be looking at a 14 to 16 percent increase from last year to this year.
SELYUKH: Steve Sheinkopf owns Yale Appliance and Lighting16 in the Boston area, and he's been in the industry his whole life.
SHEINKOPF: I'm the third-generation owner. Yeah. We're here in Boston and have been here for almost a hundred years now. It's hard to believe. You know, I haven't been here all hundred.
SELYUKH: But, you know, about 1/3 of that. Sheinkopf says many brands he works with, like Wisconsin-based Sub-Zero and Wolf, or German Thermador, they regularly inch up their prices. But in the past year, the increases have been bigger than most. Now overall prices of major appliances, tracked by the Labor17 Department, are starting to tick down month to month, but they are still higher than they were last year.
SHEINKOPF: When you talk about machines that people want to buy, front-loaders, I think you're looking at $200 to $400 difference versus18 last year.
SELYUKH: Sheinkopf predicts prices are probably stabilized19 at this point, at least for a while. But for shoppers who chase specials and deals, he says promotions20 have not been as good as a few years ago. He's noticed one other thing about Whirlpool's Korean competitors. Last year, both LG and Samsung fast-tracked two manufacturing plants in America. It's great news for American jobs, but for Whirlpool...
SHEINKOPF: I think this is the biggest challenge they'll ever have.
SELYUKH: And Mussetter, who is remodeling her house, she did manage to buy all her appliances before the February price jump. She later learned that saved her more than $1,200. Alina Selyukh, NPR News.
1 byline | |
n.署名;v.署名 | |
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2 renovation | |
n.革新,整修 | |
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3 exasperating | |
adj. 激怒的 动词exasperate的现在分词形式 | |
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4 remodel | |
v.改造,改型,改变 | |
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5 daunting | |
adj.使人畏缩的 | |
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6 dryer | |
n.干衣机,干燥剂 | |
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7 tariff | |
n.关税,税率;(旅馆、饭店等)价目表,收费表 | |
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8 tariffs | |
关税制度; 关税( tariff的名词复数 ); 关税表; (旅馆或饭店等的)收费表; 量刑标准 | |
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9 maker | |
n.制造者,制造商 | |
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10 analyst | |
n.分析家,化验员;心理分析学家 | |
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11 rendering | |
n.表现,描写 | |
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12 irrational | |
adj.无理性的,失去理性的 | |
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13 trump | |
n.王牌,法宝;v.打出王牌,吹喇叭 | |
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14 aluminum | |
n.(aluminium)铝 | |
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15 makers | |
n.制造者,制造商(maker的复数形式) | |
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16 lighting | |
n.照明,光线的明暗,舞台灯光 | |
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17 labor | |
n.劳动,努力,工作,劳工;分娩;vi.劳动,努力,苦干;vt.详细分析;麻烦 | |
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18 versus | |
prep.以…为对手,对;与…相比之下 | |
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19 stabilized | |
v.(使)稳定, (使)稳固( stabilize的过去式和过去分词 ) | |
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20 promotions | |
促进( promotion的名词复数 ); 提升; 推广; 宣传 | |
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