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Whirlpool Complains of Clothes Washer Dumping (WHR)

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By Paul Ausick Published

US appliance maker Whirlpool Corp. (NYSE: WHR) has filed complaints with the US Commerce Department and the US International Trade Commission related to dumping of clothes washers made in Korea and Mexico on the US market. The alleged offenders are Korean giants Samsung and LG Electronics.

In October, Whirlpool won preliminary rulings against the same two companies for dumping refrigerators on the US Market. As a result, the US imposed duties of up to 32.2% on Korean-made refrigerators and up to 36.65% Mexican-made refrigerators.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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