April 20, 2024

Business Briefing | Company News: Whirlpool Files Antidumping Complaint on Washers

Whirlpool asked the United States to impose duties on washing machine imports made by LG Electronics and Samsung Electronics, saying the two companies sell washers made in Mexico and South Korea for less than the products’ fair value, undermining competition and threatening American jobs. Whirlpool also sought countervailing duties against imports from South Korea, saying that country’s government provided unfair subsidies. “LG strongly rejects any suggestion that it has sold clothes washers at dumped prices or that it has been unfairly subsidized,” a company spokesman, John Taylor, said. Ethan Rasiel, a Samsung spokesman, declined to comment.

Article source: http://feeds.nytimes.com/click.phdo?i=de20c28cacfae97ec51bb01c7c5d8369