Economy

Commission finds United States makers of washers harmed by S. Korean imports

Commission finds United States makers of washers harmed by S. Korean imports”

The decision was the latest round in Whirlpool's longstanding efforts to stem the flow of the Asian washers, which, it has claimed, impacted sales of USA -made machines due to their below-market pricing.

The U.S. International Trade Commission today voted unanimously that surges of large residential washer imports have seriously injured the U.S. industry. The ITC is set to give its recommendation on the matter to President Trump by December 4th.

Yesterday's unanimous vote, in response to a safeguard petition from Whirlpool, was meant to thwart the country hopping, and could result in punitive sanctions against imported Samsung and LG washers, including duties, tariffs and/or quota restrictions, regardless of where they're made.

"We believe that safeguard remedies should not discriminate in favor of one group of USA -based workers over another and should not negatively impact a fair appliance marketplace for consumers", it said in a statement.

The conglomerate, which is building a washing machine plant in Tennessee, said the move could also jeopardize USA investment and jobs.

The case "will pose a key test for President Trump's willingness to impose the type of strict trade barriers he often touts as necessary to protect American businesses", The New York Times said, noting that he has broad authority to impose trade barriers, including a sweeping tariff.

It filed complaints with the U.S government in 2013 and 2015, accusing Samsung and LG of violating trade laws by flooding the USA market with washing machines made in South Korea, Mexico and China. The U.S. company claims that South Korean-based Samsung and LG have repeatedly relocated their washer production facilities to avoid antidumping duties levied by the Commerce Department. The.



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