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Samsung LG regrets the US heavy-duty Korean washing machine tariff table
The Yonhap News Agency reported that the U.S. International Trade Commission (ITC) has recommended a 50% tariff on over 1.2 million South Korean-made washing machines. In response, both Samsung Electronics and LG Electronics have expressed their disappointment.
A photo of a washing machine was featured in the original article, highlighting the significance of this issue for the American market.
On the 21st local time, Samsung Electronics released an official statement on its U.S. website, stating that the proposed tariff on Korean washing machines would severely impact U.S. consumers, retailers, and employment. The company emphasized that regardless of the final tariff rate, product prices would increase, limiting consumer choice and potentially affecting jobs at the new home appliance plant in South Carolina that Samsung had planned to open.
Samsung strongly urged the U.S. government to avoid any trade measures that could negatively affect workers at the South Carolina facility or restrict the availability of innovative washing machines made by American companies.
LG Electronics also responded to the ITC’s recommendation, expressing deep regret over the potential negative consequences for the U.S. retail sector and consumers. The company called on the U.S. government to make decisions that prioritize the interests of consumers, retailers, and the broader home appliance industry.
LG warned that the ITC's proposal could limit consumer choice, hinder the growth of Korean companies in the U.S., and disrupt ongoing operations at local factories under construction, which are critical for job creation.
In addition, LG plans to take appropriate actions to mitigate the effects of these protectionist measures. The company also intends to collaborate with the South Korean government and other exporters of washing machines to the U.S. in order to address this challenge collectively.
This situation highlights the growing tension between trade policies and global manufacturing, as major electronics firms seek to balance compliance with regulatory demands while protecting their market presence and workforce.