Thread by @CharityHope4All

This is a long post but please take the time to scroll through. This is the BEGINNING of the impact that tariffs are having on our economy. Everyone gets so caught up on will Manafort be found guilty, will Omarosa release another tape, what did Trump tweet, what did Rudy say. /1

But there are really important things that are going to cause makor long term damage occuring. So today I’m going to start focusing on that. This first thread will be about tariffs. /2

Yamaha Motor: $9,000,000 impact on U.S.-made boats exported to Canada and Europe starting next summer.
Based on a 25% U.S. tariff on engines

Newell Brands: $100,000,000 annualized impact. Includes Rubbermaid containers, Crock-Pot and Sunbeam appliances, and Graco infant gear

Toyota: $90,000,000 annual profit cut.
May have to stop importing some vehicles because of proposed U.S. tariffs
Based on a 25% U.S. tariff on steel, aluminum /4

Bunge: Posted a surprise loss after a wrong bullish bet on Chicago soybean futures, made on mistaken prediction the trade dispute would be brief and China would return as a buyer
Based on a 25% China tariff on soybeans /5

Steve Madden: CEO predicts handbag prices will rise for U.S. consumers and weighs shifting production to Cambodia from China.
Based on a proposed 10% U.S. tariff on handbags. /6

SunPower: Paid $17 million for tariffs in first half and expects $51 million in second half -- more than it spends on R&D; says it may exit some businesses and cut jobs
Based on a 30% U.S. tariff on solar panels. /7

Tyson Foods: Cut fiscal 2018 profit forecast to as low as $5.70 a share from range of $6.55-$6.70, citing tariffs’ negative effect on domestic and export prices, mainly for chicken and pork
Based on a 25% China, Mexico tariff on meat and poultry. /8

Daimler: Cut profit forecast on U.S.-China trade fight
Based on a 25% China tariff on automobiles. /9

BMW: BMW raised suggested retail prices of its X5 and X6 SUVs by 4% to 7%. The carmaker previously warned it wouldn’t be able to absorb China’s tariff increase completely.
Based on a 25% China tariff on automobiles. /10

Caterpillar: Will boost prices to offset an expected $100 million to $200 million jump in tariff-related material costs in the second half.
Based on a 25% U.S. tariff on raw materials. /11

Eastman Chemical: Put a hold on a five-year effort to sell ethylene plants in Texas as prices fall and China erects barriers
Based on a proposed 25% China tariff on Chemicals/Plastics. /12

Hyundai Motor: Company is trying to minimize risks related to the potential U.S. tariff on imported cars and parts, and may increase local production of SUVs. Hyundai previously warned that the tax would be devastating and push up production costs at its AL plant by 10% a yr. /13

General Motors: Cut forecast for year on surging prices for steel and aluminum as tariffs stoke demand. Could be forced to cut U.S. jobs if tariffs are applied to imported vehicles and auto parts.
Based on a 25% U.S. tariff on steel and aluminum. /14

Ford: Carmaker says it may incur as much as $300 million in extra costs this year due to escalating Chinese tariffs; Ford says it took a $300 million hit in the quarter because of pricier commodities such as steel and aluminum, whose costs have also been inflated by tariffs. /15

Stack-On Products will close its two Chicago-area plants in October and lay off 153 people. /16

Fiat Chrysler: Fiat cut profit and revenue targets partly because Maserati buyers delayed purchases due to China’s import duty
Based on a 40% China tariff on cars. /17

Coca-Cola: Raised prices for soda and other beverages to offset higher costs for freight shipments and metals used in its bottling systems.
Based on a 25% U.S. tariff on steel, aluminum. /18

Harley-Davidson: Cuts profit margin forecast for year. Earlier had announced plans to move production overseas, amid EU tariff costs of $100 million annually
Based on a 25% EU tariff on motorcycles. /19

Whirlpool: Cites rising cost of raw materials contributing $50 million to $100 million to previous forecast for input-cost increases this year. /20

Plains All American Pipeline: Company says tariffs will lead to an additional $40 million in the construction of a pipeline in the largest North American oil field.
Based on a 25% U.S. tariff on steel. /21

Hexcel: Aerospace materials supplier expects a tariff impact of $2 million to $3 million on an annual basis related to imports from China. /22

Philips: CEO says company will raise prices on products such as hair clippers imported from China if the U.S. imposes tariffs. /23

Lennox International: Maker of air conditioners forecasts $5 million in costs in 2018 from tariffs and is raising prices to offset the expenses. /24

Illinois Tool Works: Tariffs seen representing about 10 percent to 15 percent of the higher cost of materials in 2018 for the maker of equipment for restaurants, medical labs and oil rigs. /25

Lincoln Electric: Maker of welding equipment and supplies is raising prices on so-called consumables via surcharges instead of permanent hikes because it’s not clear how long tariffs will be in place. /26

Stanley Black & Decker: Est $35 million impact in 2018 from tariffs already implemented; projects up to $80 million a year in costs from Trump’s proposal for $200 billion additional China tariffs including vacuums, hand tools, power tool accessories. Plans price increases. /27

General Electric: Sees as much as $400 million a year in impact from current and proposed tariffs, though about half could be offset by credits for exports to China. May adjust supply chain to mitigate effects. /28

Gentex: Maker of rearview mirrors for cars cut its annual gross margin forecast, citing increased raw material costs of as much as $8 million in the second half linked to imports from China.
Based on a 25% U.S. tariff on raw materials /29

PPG Industries: Maker of coatings for manufacturing, automotive industries says tariffs adding “modest cost” to raw materials, especially for tinplate used for paint cans. /30

Alfa: Owner of processed-foods maker Sigma switched to Canadian, European and South American suppliers from the U.S. to avoid tariff.
Based on a 20% Mexico tariff on pork ham /31

Sonoco: Maker of packaging materials, including pull tabs for canned food, projects as much as $9 million in tariff costs in second half of the year, plans price hike on some products.
Based on a 25% U.S. tariff on steel, aluminum /32

Electrolux: Expects $10 million in added second-half costs from parts imported to U.S. and higher steel and aluminum prices.
Based on a proposed 10% U.S. tariff on vacuum cleaners /33

Alcoa: Cut profit forecast ranges by $500 million, citing tariffs on aluminum it imports from Canada along with higher energy costs and lower market prices
Based on a 10% U.S. tariff on aluminum /34

Procter & Gamble: Cites ‘meaningful’ impact of tariffs on a handful of products in Canada, which accounts for 3% of global sales
Based on a 10% Canada tariff on paper towels and other items. /35

Suntory Holdings: The owner of Jim Beam bourbon whiskey, produced in Kentucky, says it must consider raising prices next year if EU tariffs on U.S. products continue. /36

Volvo Cars: Owner Li Shufu says cars will cost more as trade wars escalate
Based on a 25% China tariff on automobiles. /37

Osram: Trade tensions will weaken sales of automotive lighting parts
Based on a proposed 25% U.S. tariff. /38

Brown-Forman: Raised Jack Daniel’s prices in light of EU tariffs
Based on a 25% EU tariff on bourbon. /39

MillerCoors: Brewer says profit could fall by $40 million depending on how much aluminum prices rise
Based on a 10% U.S. tariff on aluminum /40

Element Electronics, the only USA assembler of televisions, announced plant closure in Winnsboro, SC, leaving over 200 unemployed. The layoff and closure is a result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China. /41

Mid-Continent Nail, laid off 60 workers after sales plunged 70% in the aftermath of Trump imposing a 25 percent tariff on steel from Mexico and Canada. The company said it worries more layoffs will occur and that by Labor Day the entire 500-member WF would be terminated. /42

About 100 employees were laid off from REC Silicon, which supplies silicon materials for solar panels, in the company's Moses Lake plant. The plant also cut production by 25 percent. /43

Tariffs could cost up to 4,000 new jobs at a new Volvo plant that opened in South Carolina. Volvo Cars Chief Executive Hakan Samuelsson told Reuters that the "trade barriers and restrictions" would prevent them from creating "as many jobs as we are planning." /44

Prices have increased at Vintage Industrial, a steel furniture company in Phoenix, because of the 25-percent tariff on imported steel. The tariff has boosted raw-material costs, and forced a 5-10 % price increase. 45/45

P.S. I want to make sure I credit the journalists who report this info which allowed me to research and put this together. Without the Free Press, we are lost. So thank you to @ReutersBiz , @Newsweek , @businessinsider, @cnn, @msnbc, and all local papers who report on this issue.