Whirlpool Corporation's stock experienced a significant decline of 5.03% on Monday, as investors reacted to the potential impact of President Donald Trump's newly imposed tariffs on imports from Mexico and Canada.

The tariffs, which impose a 25% duty on goods from these key trading partners, could have severe consequences for Whirlpool's operations and profitability. As a major appliance manufacturer, Whirlpool relies heavily on the cross-border supply chain with Mexico and Canada.

According to analysts, the tariffs could lead to increased costs for Whirlpool, forcing the company to either raise prices or absorb the higher expenses, squeezing its profit margins. Moreover, the tariffs could potentially disrupt Whirlpool's supply chain and production processes, further impacting its bottom line.