(William McQuillen — Boomberg Businessweek)
The U.S. may impose duties of as much as 30.34 percent on refrigerator-freezers imported by South Korea’s Samsung Electronics Co. and LG Electronics Inc. and Sweden’s Electrolux AB, the Commerce Department ruled.
The case decided today goes back to the U.S. International Trade Commission, which is scheduled to make its final ruling on the duties by April 30.
The complaint was brought by Benton Harbor, Michigan-based Whirlpool Corp., which said the foreign rivals were selling their products in the U.S. at an unfair discount. The models covered by the decision have the freezer below the refrigerator section. Read more here.
Date: March 20, 2012