Whirlpool American manufacturing under attack
Keeping in line with their previous claims, Whirlpool spoke with “The Courier” about the practice of “dumping” and how it is hurting their American sales, which they fear will hurt their overall sales internationally. Whirlpool has a significant presence in America, and therefore competitors like LG and Samsung have stepped up their game in order to beat out Whirlpool’s prices. This is not a new song being sung by Whirlpool, but considering this is the third time they have filed complaints, it seems that there is an extreme sense of urgency regarding their foreign competitors.
Who cares? We all should. Whirlpool is still the largest appliance manufacturer in the world and if “dumping” is truly occurring, it does not simply mean that a big corporation will crumble. It means that you, the consumer, will suffer overall. For those that are not aware, the practice of “dumping” is just about as lovely as it sounds. “Dumping” occurs when foreign competitors will sell products at much lower prices than their competitors, however their prices become unfair because they are selling them from different countries with different labor costs, leaving American manufacturing in the dust.
This needs to be seen in the eye of the “snowball effect.” Simply put, if Whirlpool is truly the victim of “dumping” than the industry, which is an international one, will suffer causing international sales to suffer. This perverse lack of competition is not the proper way to under-cut a competitor, and it leaves much to be desired for the consumer. “Dumping” occurs simply to steal customers, weaken one’s competitor, and then raise prices once that competitor is out of business.
Essentially, we need to become aware of where we are buying our products from. It seems so exhausting and possibly trivial to even care however we are in an age where a continued pattern of actions can have lasting effects in the decades to come, with those lasting effects being ones we don’t exactly enjoy. Stay sharp, folks, and keep educating yourself on these practices and just where you are buying your product from.