Korean fridge makers triumph in U.S. anti-dumping caseThe U.S. government on Tuesday ruled in favor of Korea’s major refrigerator makers, Samsung and LG, in an anti-dumping case against their U.S. rival Whirlpool.
The U.S. International Trade Commission (ITC) said the U.S. industry has not been harmed by imports of bottom-mount combination refrigerator-freezers made in Samsung and LG factories in Korea and Mexico.
The ITC said in a press release that it “determined that a U.S. industry is not materially injured or threatened with material injury by reason of imports of those products with which Whirlpool takes issue.”
The 5-0 ruling by the ITC overturns a verdict by the Department of Commerce that Samsung and LG had dumped their subsidized products in the U.S. market at less than fair value. It paves the way for the firms to bring in those goods without any dumping duties imposed.
Whirlpool, the Michigan-based producer of home appliances, said it is “extremely disappointed” by the ruling.
“We believe the facts clearly demonstrated that dumped imports of bottom-mount refrigerators from Korea and Mexico are causing injury to the U.S. industry,” Marc Bitzer, president of Whirlpool North America, said in a press release.