Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Captain Jack Aubrey

The Tariff is because the South Korean government subsidizes LG (and Samsung) so they can sell their washers way below the price of American made washers like Whirlpool, Maytag, etc.
This could force the American companies out of business, then LG & Samsung fully own the market and can charge whatever prices they want.

The South Korean government did this with LG & Samsung TV’s, knocking out all of the Japanese TV makers out of business, just like the Japanese did this in the 1980’s and knocked out all American made TV’s like RCA, Magnavox, Philips, etc.


31 posted on 01/25/2018 1:21:12 PM PST by PMAS (All that is necessary for the triumph of evil is that good men do nothing)
[ Post Reply | Private Reply | To 14 | View Replies ]


To: PMAS

And Zenith! Our town had a Zenith factory known for providing GREAT jobs until the outside TVs came in.


33 posted on 01/25/2018 1:25:49 PM PST by GnuThere
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson