LG Electronics to hike washing machine prices in U.S. after steep tariffs

6 years ago
Anonymous $v9r5mEH86V

https://finance.yahoo.com/news/lg-electronics-hike-washing-machine-211208635.html

U.S. President Donald Trump approved recommendations to impose safeguard tariffs on the washing machines as well as solar cells and modules in a decision announced on Monday.

The move followed findings by the U.S. International Trade Commission that these imports were "a substantial cause of serious injury to domestic manufacturers."