U.S. Imposes Duties on Imported Washers from LG, Samsung, Others
Jan 24, 2013
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The U.S. International Trade Commission (ITC) unanimously ruled on Jan. 23, 2013, that washing machines imported to the United States by Samsung and LG have caused injury to the United States appliance industry.
The ruling came after an earlier determination by the U.S. Department of Commerce that some large residential washers imported to the United States from Korea are subsidized, and found that some large residential washers from Korea and Mexico are sold in the United States as less than fair value.
ITC said it will issue a countervailing duty order on the washer imports from Korea and antidumping duty orders on imports of the washers from Korea and Mexico.
All six commissioners voted in the affirmative when making the determination. The ITC will issue a public report in February of 2013 that will contain the views of the commissioners and information developed during the investigations.
The investigation began at the end of 2011 after a complaint was filed by Whirlpool Corp. (Benton Harbor, MI).
A Whirlpool release called the Jan. 23, 2013 decision, "An important stride toward enforcing laws that enable a balanced competitive marketplace for U.S. manufacturers, their employees and customers."
Whirlpool filed its anti-dumping and anti-subsidy petitions in December 2011. In December 2012 the U.S. Department of Commerce determined that foreign manufacturers were selling clothes washers in the U.S. at less than fair value.
"The actions taken today by the U.S. government represent a great victory for the U.S. appliance industry, especially for our employees and consumers," said Marc Bitzer, President, Whirlpool North America. "We invest in U.S. manufacturing because we believe in our 22,000 U.S. employees and the innovative products we produce. Today the government made the right decision. We expect this ruling will restore a level competitive playing field that enables Whirlpool and other U.S. manufacturers to continue investing in America to produce the high-quality, innovative products that consumers deserve."
Whirlpool said U.S. Customs will impose duties on imports of the affected clothes washers based on cash deposit rates set by the DOC in December 2012:
South Korean Producers
* LG: 13%
* Samsung: 11%
* Daewoo: 151%
* Samsung: 72%
* Electrolux: 36%
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