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Dumping Trade

BUSINESS
April 24, 1990 | From Associated Press
Sweaters made of man-made fibers in Hong Kong, South Korea and Taiwan, representing more than a third of the U.S. market, are being sold at less than their fair market value, the Commerce Department said Monday. The National Knitwear & Sportswear Assn. had filed complaints against the sweater manufacturers last September. It said that the imports, made predominantly of acrylic fiber, represent 72% of the $1.3-billion U.S. market and that the three countries represent 55% of the imports.
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BUSINESS
January 24, 1990 | From Reuters
The International Trade Commission has ruled that certain South Korean telephone equipment being sold on the U.S. market at less than cost was injuring American firms, paving the way for the imposition of duties on shipments. The vote cast on Monday was tied at 3-3, but the commission voted in favor of the plaintiffs, American Telephone & Telegraph Co. and Comdial Corp., based in Charlottesville, Va.
BUSINESS
June 13, 1991 | From Associated Press
The government has severe management problems--including a 24-year backlog of cases--in its program to levy penalty duties on artificially inexpensive imports, according to two separate investigations. The probes, by a Senate Governmental Affairs subcommittee and the U.S. Customs Service, documented the government's difficulties in collecting tariffs on goods dumped into the United States at below-market prices. The levies are designed to protect U.S. businesses from unfair foreign competition.
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