Whirlpool Flags Possible Tariff Evasion By Foreign Competitors - Whirlpool (NYSE:WHR)

Whirlpool accuses rivals — including Samsung, LG and GE Appliances — of skirting Trump’s tariffs

Samsung, LG Electronics and GE Appliances began lowballing the costs of their imported washing machines, stoves, garbage disposals and other appliances in June, according to a report.

Whirlpool Flags Possible Tariff Evasion By Foreign Competitors - Whirlpool (NYSE:WHR)

Whirlpool warns that foreign competitors may be avoiding U.S. tariffs by underreporting import values, raising concerns about trade fraud.

Whirlpool seeks investigation into alleged tariff evasion by competitors

Whirlpool Corporation says it’s confident the Trump administration will investigate the company’s allegations that competitors are evading tariffs by underreporting the value of their imports. The Wall Street Journal reported on Sunday that Whirlpool has informed the administration overseas competitors in Thailand, South Korea, and Vietnam started decreasing the customs value of numerous appliances back in June as tariffs loomed. A lower customs…

Whirlpool alleges competitors undervaluing imports to avoid tariffs

Whirlpool Corporation says it’s confident the Trump administration will investigate the company’s allegations that competitors are evading tariffs by underreporting the value of their imports. The Wall Street Journal reported on Sunday that Whirlpool has informed the administration overseas competitors in Thailand, South Korea, and Vietnam started decreasing the customs value of numerous appliances back in June as tariffs loomed. A lower customs…