Trump Says Korea Is 'Destroying U.S. Business'

  • By Kim Seung-bum

    January 19, 2018 10:56

    U.S. President Donald Trump on Wednesday weighed into a growing trade spat with Korea over punitive duties on Korean washing machines.

    Trump told Reuters that Korean firms are dumping washers into the U.S. and vowed to impose safeguards.

    Korea has asked the World Trade Organization to take sanctions against the U.S. over what it says are unfair punitive duties.

    Thrum claimed Korea "is destroying what was once a good job-producing business" in the U.S. He made his remarks ahead of the Feb. 2 deadline for his final decision to impose safeguards on washing machines made by Samsung and LG.

    Last November, the U.S. International Trade Commission recommended a 50-percent tariff on Samsung and LG washing machines in America.

    The Ministry of Trade, Industry and Energy here believes that Trump will increase trade protectionism to coincide with the first anniversary of his inauguration on Saturday and his State of the Union address on Jan. 30.

    Trump spent a lot of time on the stump fulminating against foreign countries that allegedly damage American business and frequently singled out Korea. 

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