ITC Proposes Tariffs To Curb Samsung, LG Washer Imports

Law360, New York (November 21, 2017, 9:47 PM EST) -- After concluding last month that Whirlpool was hampered by surging washing machine imports from competitors like LG and Samsung, the U.S. International Trade Commission on Tuesday proposed a set of tariffs that would penalize the companies for exceeding an import quota over the next three years.

The four-person ITC unanimously recommended the president impose a tariff rate equal to 50 percent of the estimated value of the products whenever domestic imports of the large residential washers exceed a 1.2 million export cap in the first year. That...
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