Free Newsletter Subscription
       

Koreans 1, Whirlpool 0

August 31, 2011

In a preliminary ruling, the U.S. Commerce Department has nixed Whirlpool’s petition to have import duties imposed on bottom-mount refrigerators from South Korean manufacturers.

The world’s largest majap maker argued that substantial subsidies from the Korean government to LG and Samsung amount to unfair competition, but Commerce found that the rates, which are under 1 percent, fail to trigger duties under U.S. law. A Whirlpool spokeswoman said the company “is not surprised by this preliminary decision, given the Korean producers’ bold resistance to providing adequate responses to the Commerce Department’s questionnaires.” A final determination is expected early next year.

Posted by Alan Wolf on August 31, 2011 | Comments (0)
POST A COMMENT
Display Name
captcha

Before submitting this form, please type the characters displayed above. Note the letters are case sensitive:

Advertisement




Advertisement


If you are having trouble accessing TWICE content or wish to subscribe to TWICE Online
please email customercare@mypressplus.com or call 866-71-PRESS (866-717-7377).
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   FREE Subscription   |   Affiliate Links
© 2011 NewBay Media, LLC. 28 East 28th Street, 12th floor, New York, NY 10016 T (212) 378-0400 F (212) 378-0470
Use of this website is subject to its Terms of Use | Privacy Policy