Residential washers dumped on U.S. market

Regulatory/Trade

Thursday, December 20, 2012

The Commerce Department on Wednesday determined that large residential washers from South Korea and Mexico are dumped on the U.S. market. Dumping occurs when a foreign company sells a product in the United States at less than its fair value. Commerce determined that producers/exporters from South Korea and Mexico have sold large residential washers in the United States at dumping margins of 9.29 percent to 82.41 percent, and 36.52 percent to 72.41 percent, respectively...

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