Electrolux to Contest Tariff Rate Set in Antidumping Review by U.S. Department of Commerce
Electrolux Major Appliances North America has been informed by the U.S. Department of Commerce (DOC) that it has set a preliminary and significantly increased tariff rate of 72.41% on washing machines manufactured in Mexico by Electrolux and imported into the U.S. between February 2016 and January 2017. Electrolux intends to contest this decision vigorously. If the preliminary tariff rate is determined as final, it could have a one-time cost to Electrolux of up to USD 70 million in 2018.“We believe this is completely unfounded and look forward to exposing the facts in court,” said Alan Shaw,