Yonhap News Agency reported that the US International Trade Commission (ITC) recently recommended a 50% tariff on more than 1.2 million Korean-made washing machines. In this regard, Samsung Electronics and LG Electronics expressed regret.
On the 21st local time, Samsung Electronics issued a document on the official website of the US legal person that the tariff on Korean brand washing machines will cause a serious blow to US consumers, retailers and the employment situation. Regardless of the tariff rate, product prices will rise and consumers will choose. The rights are limited and affect the jobs created by Samsung Electronics' proposed home appliance plant in South Carolina.
Samsung Electronics strongly urges the US government not to take any trade remedy measures that negatively affect the employees of the South Carolina factory or limit the supply of innovative washing machines made by Americans and made by Americans.
LG Electronics’ recommendation to ITC said that the protection measures ultimately have a negative impact on the US retail industry and consumers, and the company deeply regrets this. The US government is expected to consider wise choices for US consumers, retail and even the home appliance industry. LG Electronics also pointed out that ITC's proposal will lead to restrictions on US retail industry and consumer choice, weaken the foundation of Korean companies' development in the United States, and ultimately have a negative impact on the normal operation of local factories under construction and job creation.
LG Electronics plans to seek appropriate measures to reduce the impact of protection measures, and to join hands with the South Korean government and other governments and companies exporting washing machines to the United States.
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