Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Trade Commission Finds Import Washers Hurting U.S. Industry
Feb 13, 2012
 Printable format
 Email this Article
 Search

The United States International Trade Commission (USITC) determined on Friday that U.S. appliance industry is being hurt by imports of washing machines from South Korea and Mexico. The USITC voted to continue the investigation into the case, which came about after Whirlpool Corp. filed an anti-dumping petition ion December 30, 2011. The Whirlpool complain accused Korean appliance makers Samsung Electronics and LG Electronics of dumping their appliances on the U.S. market from plants in Korea and Mexico.

The USITC ruled on Feb. 10, 2012, that the appliance industry in the United States is "materially injured" by imports of washers from Korea that are allegedly subsidized and washers from Korea and Mexico that are allegedly sold in the United States at less than fair value.

Samsung issued a statement saying it was "disappointed" in the determination by the USITC.

"As demonstrated by Whirlpool's recent announcement of higher earnings and its continued dominant market share, we disagree that there is any material injury to the domestic washer industry," the Samsung statement said.

The U.S. Department of Commerce will continue to investigate and expects to issue a preliminary countervailing duty determination on Korea in late March 24 and a preliminary antidumping duty determination on Korea and Mexico due in June.

Samsung said it will cooperate with the ongoing investigation and believes it will determine that Samsung does comply with U.S. trade laws.

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows