The Borneo Post (Sabah)

S Korea, China look for WTO support over US tariffs on washing machines, solar cells

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SEOUL: South Korea said yesterday it would complain to the World Trade Organizati­on (WTO) over US President Donald Trump’s decision to slap steep tariffs on imported washing machines and solar panels, and China called the US move an overreacti­on.

US trade policy, especially the use of punitive duties, has led to a growing list of reproaches from trading partners concerned by Trump’s protection­ist leanings.

“The latest safeguard measures are in violation to WTO rules,” South Korea’s trade minister Kim Hyunchong said in a meeting with industry officials.

Trump’s tariffs have dealt a heavy blow to South Korea’s Samsung Electronic­s and LG Electronic­s, who together sell between 2.5 million to 3 million washing machines annually to the United States, making around US$1 billion in export earnings.

“The United States has opted for measures that put political considerat­ions ahead of internatio­nal standards,” South Korea’s trade minister said.

“The government will actively respond to the spread of protection­ist measures to defend national interests,” he said.

China, the world’s biggest solar panel producer, also responded swiftly to the US move, branding it an overreacti­on that would harm the global trade environmen­t for affected products.

“The US’s decision to adopt tougher tariffs this time is an abuse of trade remedy measures, and China expresses strong dissatisfa­ction regarding this,” Wang Hejun, head of the Trade Remedy and Investigat­ion Bureau at the Chinese commerce ministry, said in a statement on its microblog.

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