The United States has imposed high tariffs on imported washing machines. South Korea has to appeal to the WTO.

According to the Yonhap News Agency, the South Korean Ministry of Trade said on Tuesday that the South Korean government will submit an application to the World Trade Organization (WTO) to oppose the United States levying high anti-dumping duties on Korean washing machines and solar cell manufacturers.

On the day before the Korean Ministry of Trade issued the above statement, US President Donald Trump approved the US International Trade Commission (ITC)'s proposed measures to impose protective tariffs on imported large domestic washing machines and imported solar cells and modules.

"The US decision to impose tariffs on Korean washing machines and solar cells is extremely and clearly violates the terms of the World Trade Organization," South Korea’s Minister of Trade Kim Jong-song said at a meeting with heads of related companies. "The US government has acted only domestically. Political considerations have not complied with international regulations."

US trade protection measures include a 20% tariff on imported large domestic washing machines of less than 1.2 million units in the first year, and a 50% tariff on the part; for solar cells, the first year exceeds 2.5 gigawatts of imported products. Impose a 30% tariff.

The United States has adopted trade protection measures aimed at protecting the relevant industries in the United States from the sharp decline in domestic production caused by the impact or threat of imported goods, but Kim Min-sung said that the US International Trade Commission did not clearly demonstrate the growth of Korean merchandise imports and the US industry. Serious damage to the connection.

"If we file a lawsuit with the WTO, we can win this lawsuit," said Jin Yuzong, a senior attorney at the WTO Appellate Body and the Legal Affairs Department during 1999-2003. "We will form a united front with other countries that have been protected by trade protection and actively respond to trade protection activities."

South Korean technology giants say high tariffs will limit the choices of American consumers and have a negative impact on their factories in the United States.

Samsung Electronics said that the high tariff imposed by the US government on washing machines would be "a huge loss for American consumers and workers." Samsung has hired more than 600 American workers in a new plant in South Carolina, USA. The plant was on January 12. Production began on the day.

“This tariff is a tax imposed on every consumer who wants to buy a washing machine. Everyone has to pay more and the choice has become less,” Samsung said in a statement. “Consumers choose Samsung high-end washing machines, which value the innovation and design of Samsung washing machines.”

LG Electronics also regretted Trump’s decision and said the final damage would be imposed on US retail channels and consumers.

LG Electronics is also preparing to operate its washing machine plant in Tennessee several months ahead of schedule to ease the pressure on US trade protection measures.

“This decision to impose trade protection tariffs on Korean washing machines is expected to have a negative impact on the local economy and the home appliance industry,” LG said in a press. “We will take the necessary steps to maximize the local supply chain. Reduce the impact on our contractors and consumers in the United States."

In contrast, the US home appliance manufacturer Whirlpool, the maker of the trade protection application, welcomed Trump's decision, saying the company would add 200 full-time jobs at its manufacturing facility in Ohio.

“This is a victory for American workers and consumers,” Whirlpool Chairman Jeff Fettig said in a news release on the company’s website.

South Korean solar cell manufacturers are also worried that their exports to the US market will be severely affected by the US tariff.

“Although the US government has implemented trade protection measures, we will continue to export to the US market, and at the same time we will seek ways to expand our market share in Europe, Japan and Australia,” said Hanwha, the number one solar cell manufacturer in Korea. Tube said.

US government trade remedy measures are also opposed by US solar cell manufacturers, who are worried that rising costs will affect the competitiveness of solar power generation relative to other renewable energy sources.

The Solar Energy Industry Association (SEIA), the US solar industry group, said a 30% tariff on imported solar cells and solar panels would cause about 23,000 American workers to lose their jobs this year and could delay or cancel billions of dollars in solar investment.

"The tariffs imposed will make solar cell or module production difficult to meet the needs of the US market, and will make foreign photovoltaic companies Suniva and SolarWorld unable to avoid bankruptcy, which will create a crisis in our prosperous economy. The crisis will eventually make thousands of hard-working blue-collar Americans lose their jobs," AIAail Ross Hopper, president and CEO of SEIA, said in a statement.

[Extended reading]

  • U.S. waving trade protection stick to tax imported washing machine

Windows Tablet

The latest Windows has multiple versions, including Basic, Home, and Ultimate. Windows has developed from a simple GUI to a typical operating system with its own file format and drivers, and has actually become the most user-friendly operating system. Windows has added the Multiple Desktops feature. This function allows users to use multiple desktop environments under the same operating system, that is, users can switch between different desktop environments according to their needs. It can be said that on the tablet platform, the Windows operating system has a good foundation.

Windows Tablet,New Windows Tablet,Tablet Windows

Jingjiang Gisen Technology Co.,Ltd , https://www.jsgisentec.com

Posted on