Core Viewpoint - Whirlpool has accused competitors, including Samsung, LG Electronics, and GE Appliances, of undervaluing imported appliances to evade tariffs imposed by the Trump administration [1][5][7]. Group 1: Allegations and Evidence - Whirlpool's research indicates that the declared cost of gas ranges from Thailand dropped by over 50% to $175, while washing machines from South Korea fell from $838 to $73 [2]. - The retail prices of these appliances remained unchanged despite the significant reductions in declared values, coinciding with tariff rates increasing by up to 60% [3]. - Whirlpool has not filed a formal complaint but has shared its findings with US Customs and Border Protection and other agencies [3]. Group 2: Industry Response - Whirlpool's adviser expressed confidence that the administration would address any customs duty evasion swiftly [4]. - GE Appliances responded to Whirlpool's claims, labeling them as unsupported and irresponsible, emphasizing their commitment to compliance [9]. - Samsung has demanded that Whirlpool retract its statements and stop spreading inaccurate information [11]. Group 3: Market Dynamics - Whirlpool noted a significant increase in imported appliances alongside a drastic drop in their reported values over the summer [7]. - The company manufactures 80% of its products in the US, highlighting its domestic production focus [9]. - GE Appliances announced a $3 billion plan to expand US production over the next five years, relocating some operations from overseas [15].

Core Insights - The declared customs value of numerous appliances from overseas has started to decline significantly since June [1] Industry Impact - The decline in customs value may indicate a potential shift in market dynamics for imported appliances, affecting pricing and competition within the industry [1]