The U.S. ITC is due to vote on its section 201 “safeguarding” review of U.S. large residential washing machine imports on October 5. That could lead to an injury phase, and the implementation of tariffs and / or quotas by President Donald Trump. Urgency in action is needed – U.S. imports of washers jumped 26% in July vs. March. Imports from Vietnam and South Korea reached 33% of the total from 1% a year earlier, equivalent to 1.6x their March level. Samsung Electronics and LG Electronics have led the surge in shipments, with Samsung’s imports from Thailand rising 2.2x and from Vietnam by...
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