FILE PHOTO: U.S. President Donald Trump disembarks from Air Force One at Joint Base Andrews in Maryland, after visiting the U.S.-Mexico border wall in Harlingen, Texas, U.S., January 12, 2021.
REUTERS/Carlos Barria/File PhotoWASHINGTON (Reuters) - President Donald Trump on Thursday extended “safeguard” tariffs on large residential washers for another two years in a move that further shields domestic manufacturers such as Whirlpool Corp from import competition.
The tariffs imposed in January 2018 were among the first that Trump imposed in his “America First” trade push, along with duties on solar panels, steel aluminum and Chinese goods.
The washer tariffs, imposed under Section 201 of the Trade Act of 1974, were designed to shield American manufacturers from import surges for three years and were originally due to expire on Feb. 8.
In the months before Trump imposed the tariffs, South Korean producers Samsung Electronics and LG Electronics, which had battled U.S. anti-dumping tariffs for years, made commitments to open washer factories in the United States.
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