Michigan-based Whirlpool has scored a trade victory in which could allow President Trump to limit the number of washing machines sold inside U.S. by Samsung in addition to LG.
The U.S. International Trade Commission (ITC) voted 4-0 in Whirlpool’s ( favor on Thursday, ruling in which a “surge” of washing machines by )Samsung ( in addition to )LG ( have “seriously injured” domestic manufacturers. )
“The ITC vote is actually an important win for American manufacturers in addition to American workers,” Whirlpool chairman Jeff Fettig said in a statement.
Whirlpool filed its petition with the ITC in May, describing Samsung in addition to LG as “serial violators” of U.S. trade law in addition to seeking protection under Section 201 of the Trade Act of 1974. The statue allows the commission to recommend remedies — such as specific tariffs or quotas — to the president.
The commission will make its recommendations before the end of the year, in addition to Trump will have roughly two months to consider the panel’s advice.
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Samsung said This kind of was “disappointed” with the commission’s decision in addition to warned in which import limits could affect plans to build a brand-new plant in South Carolina.
“We believe in which safeguard remedies should not discriminate in favor of one group of U.S.-based workers over another in addition to should not negatively impact a fair appliance marketplace for consumers,” This kind of said in a statement.
LG did not immediately respond to a request for comment, although This kind of said in a statement to The Wall Street Journal in which “imposing restrictions on imported washers will only hurt consumers by raising prices in addition to decreasing choices.”
The conglomerate, which is actually building a washing machine plant in Tennessee, said the move could also jeopardize U.S. investment in addition to jobs.
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Whirlpool has accused the South Korean industrial giants of unfair trade practices inside past.
This kind of filed complaints with the U.S government in 2013 in addition to 2015, accusing Samsung in addition to LG of violating trade laws by flooding the U.S. market with washing machines made in South Korea, Mexico in addition to China. The government upheld the complaints, in addition to slapped duties on the machines.
Whirlpool said its brand-new petition to the ITC was needed because Samsung in addition to LG had been able to dodge the duties by relocating production facilities to Vietnam in addition to Thailand.
sy88pgw (Hong Kong) First published October 6, 2017: 4:42 AM ET