Whirlpool Wins Backing for Import Protection From Key Government Panel
October 05 2017 - 12:02PM
Dow Jones News
By Jacob M. Schlesinger and Andrew Tangel
WASHINGTON-- Whirlpool Corp. won crucial backing from a
government panel in its bid to limit competition from foreign
washing machine makers, giving the Trump administration another
opportunity to invoke little-used powers to ramp up trade
enforcement.
The U.S. International Trade Commission voted 4-0 Thursday to
approve the petition from the Benton Harbor, Mich.-based
manufacturer seeking protection in the American market from South
Korean rivals Samsung Electronics Co. and LG Electronics Inc. The
vote came under a trade law that allows U.S. companies to win broad
protection if they can show they suffered "serious injury" from a
surge of imports.
The provision -- Section 201 of Trade Act of 1974 -- was last
used in 2002 by the Bush administration to impose steel
tariffs.
The members of the ITC -- a bipartisan, independent panel --
will next consider what specific policies they believe should be
implemented. The deadline for the panel to send recommendations to
the White House is Dec. 4. The Trump administration would then be
required to make a decision by early next year on whether to impose
import limits.
The Trump administration has not yet commented on this specific
ITC case. But officials have said they would consider invoking the
rarely used "safeguard" law more frequently in their bid to take a
more aggressive stance on trade enforcement.
The companies involved in the trade dispute didn't immediately
respond to a request for comment after the trade commission's vote
Thursday.
Write to Jacob M. Schlesinger at jacob.schlesinger@wsj.com and
Andrew Tangel at Andrew.Tangel@wsj.com
(END) Dow Jones Newswires
October 05, 2017 11:47 ET (15:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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