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Whirlpool Alleges Competitors May Be Evading U.S. Tariffs
Whirlpool Alleges Competitors May Be Evading U.S. Tariffs
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BTCCSquare news:
Whirlpool (WHR) has alerted U.S. officials to potential tariff evasion by overseas rivals, citing federal customs data showing steep declines in reported import values for appliances. The company noted garbage disposals from China dropped from $21 to under $8, while South Korean washing machines plunged from $838 to $73—figures it calls unrealistic.
No formal complaint has been filed, but Whirlpool adviser Daniel Calhoun urged the administration to act swiftly. Competitors deny the allegations, setting the stage for renewed trade tensions in the appliance sector.
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