The start of the 2Q earnings reporting season has come with an increased focus on trade issues in company conference calls. In the 570 calls held since Jul. 1 there were 139 companies that discussed tariffs or Brexit. That’s equivalent to 24.3% of the total which is well above the 21.2% of the prior quarter. Electrolux is typical in referring to tariffs as being a business-as-usual matter. CEO Jonas Samuelson has stated the firm has “triggered price increases, resulting in uncertainty and somewhat weaker demand”. Electrolux’s total U.S. seaborne imports fell 28...