Washer Wars: Samsung, GE & LG Slammed for $700 Price Drop to Dodge Trump's 60% Tariffs
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2 Articles
channelnews : Whirlpool Accuses LG and Samsung of Undervaluing Goods Shipped Overseas
U.S. appliance giant Whirlpool — whose products are distributed locally by Harvey Norman-owned Arisit — has accused rivals LG Electronics and Samsung of deliberately undervaluing their goods when shipping overseas in order to sidestep tariffs, while still charging full price at retail. Whirlpool alleges the two South Korean manufacturers began “lowballing” the declared customs value of imported appliances, TVs, and smartphones in June 2025. The …
Washer Wars: Samsung, GE & LG Slammed for $700 Price Drop to Dodge Trump's 60% Tariffs
Major appliance makers Samsung, GE and LG are facing scrutiny from regulators and rivals over allegations they slashed washing machine prices by as much as $700 in early June 2025 to sidestep steep tariffs introduced by Donald Trump's administration.The move has sparked concern among regulators and domestic competitors, who argue that the tactic undermines the intent of the tariff regime, which is designed to protect US manufacturing.Tariff Shoc…
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