LG and Haier’s Washer Import Recovery Could Be Wrung Out By New Tariffs — Panjiva


LG and Haier’s Washer Import Recovery Could Be Wrung Out By New Tariffs

Industrials - Capital Goods 265 Tariffs 1169 U.S. 3297

The U.S. Trade Representative has called for comments on duties applied earlier this year to imports of large residential washing machines as part of the WTO dispute panel review of America’s section 201 tariffs. There may be three factors to note. Firstly is that imports of all kinds of washing machines have recovered since duties were applied in January and were 2.8% higher than a year earlier in the third quarter. That indicates imports of smaller machines have surged. Second, average import values have only fallen by 2.8% in the three months to August 31 vs. a year earlier, suggestin...

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