Washer Result Requires Another Spin from Samsung, LG Strategies — Panjiva
MENU

Supply Chain Research

Washer Result Requires Another Spin from Samsung, LG Strategies

China 2985 Industrials - Capital Goods 590 South Korea 588 Tariffs 1807 Thailand 136 U.S. 5332 Vietnam 381

The U.S. ITC has, unsurprisingly, determined that an acceleration in imports of large, residential washing machines has injured U.S. industry including Whirlpool. The injury phase of the case will run through December 5, at which stage President Trump will decide what combination of tariffs and/or quotas will be applied. There’s certainly no arguing with the rise in imports. Seaborne shipments to the U.S. of all washing machines climbed 53% in the third quarter vs. a year earlier, and by 9% in the 12 months. There’s also been a marked shift in sourcing strategies. Samsung Electronics – t...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.