When foreign producers are allowed to dump products into the United States, it presses competition, Marc Bitzer suggested, president of Whirlpool North America. It is significant for a free global trading system to have a method for enforcement to preserve the honor of the system and give all makers a level playing stage on which to compete, Bitzer added.
(Read more at: galaxystocks.com/17564/business-news/whirlpool-to-file-petitions-against-samsung-and-lg-for-dumping/)
I agree, how can the USA make anything and employ workers with unbelievable "dumping" going on during recession and high unemployment? Pretty soon everyone will be working for peanuts and lining up for blocks of cheese if this keeps up, IMO
All so we can get a $200 Samsung washer? Geezzz
I have a matched set of Maytag washer and dryer, very old but working like a top, will buy Maytag again 100% sure.....