SEOUL-- The United States trade commission is expected to announce a detailed proposal to impose trade barriers against South Korean washing machines later this week, government officials said Monday.
Last month, the U.S. International Trade Commission (ITC) determined that products made by Samsung Electronics Co. and LG Electronics Inc. are exerting an adverse impact on domestic companies. The announcement was made after a safeguard petition was proposed by U.S.-based Whirlpool Corp.
Whirlpool demanded the ITC impose a 50 percent tariff on the South Korean home appliance, with quotas on imported parts as well.
In a detailed proposal to be released Tuesday (U.S. time), the ITC will ask Washington to take safeguard measures to protect the local washer market damaged by increased imports from South Korean companies, according to the officials from the Ministry of Trade, Industry and Energy.
The South Korean trade ministry is seeking various ways to deal with the U.S. measures, including bringing the case to the World Trade Organization.
Source: Yonhap News Agency