Trade panel says Japan hurt U.S. by dumping
Article Abstract:
The US International Trade Commission (ITC) reports that Japanese dumping of word processors on the US market has hurt US manufacturers. The government agency indicates that the selling of word processors below market cost must stop and is implementing a duty of 58.71 percent on the import of word processors. The word processor in dispute is a small typewriter-type machine that has a cathode ray tube display attached. The US Department of Commerce says that Japanese companies received $119 million in 1990 revenue from word processors; $12 million was from more complex word processors not covered in the new duty while the remainder was made up of the type of word processors that will now be charged with duties. The ITC is a government agency that is responsible for determining the effects of international trade on US industry.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
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New US-Japan chip pact approved
Article Abstract:
The United States and Japan sign a semiconductor trade agreement that replaces one that has been in effect since 1986 and will expire on Jul 31, 1991. The figure for a foreign company's share of the Japanese market is set at 20 percent and is called a 'target' figure. The US agrees to suspend import duties imposed on Japanese products during the Reagan Administration. Some in the US Congress are dissatisfied, saying that Japan has not lived up to previous agreements. The trade agreement is subject to review after three years. The new agreement will stay in effect for two more years unless both the US and Japan decide to cancel it.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
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Comment about this article or add new information about this topic:
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