Commission finds U.S. makers of washers harmed by S. Korean imports [Reuters]
Whirlpool Corporation (WHR)
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Source: Reuters
Commission finds U.S. makers of washers harmed by S. Korean imports | Reuters Reuters Staff 1 Min Read WASHINGTON, Oct 5 (Reuters) - The U.S. International Trade Commission on Thursday announced a preliminary finding that U.S. manufacturers of washing machines are being harmed by imports from South Korea. The case, brought by appliance giant Whirlpool Corp, asked the ITC to impose “global safeguard” restrictions on imported washing machines to stop South Korean rivals Samsung Electronics Co Ltd and LG Electronics Inc from flooding the U.S. market with cheap washers. The commission will recommend remedies by late November to President Donald Trump, who is expected to make a final decision by early next year. (Reporting by David Lawder; Editing by Susan Heavey) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. All Rights Reserved. Commission finds U.S. makers of washers harmed by S. Korean imports WASHINGTON, Oct 5
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