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Miele may have Whirlpool in a spin as washer review resumes

Canada 424 Cons. Discr. - Durables 330 European Union 649 Industrials - Capital Goods 459 Mexico 725 Tariffs 1633 U.S. 4574

The U.S. government received fewer trade policy infraction complaints in August than in July with five cases covering three intellectual property issues, a COVID-19 related fact finding request and a petition to revisit safeguards for washing machines. The safeguard request was submitted by Whirlpool to further review tariffs and quotas put in place in Jan. 2018. U.S. imports of washers fell by 20.2% in Q2 with the decline slowing to just 2.6% in July. While shipments from Europe and Canada / Mexico have continued to slide, those from China increased by 3.1% in Q2. Looking at U.S. seabor...

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