To: Haim R. Branisteanu who wrote (40485 ) 11/1/2003 4:32:06 AM From: TobagoJack Read Replies (2) | Respond to of 74559 Haim, <<the World economy follows the laws of Archimedes - meaning poor countries will get higher standard of living and rich country will stagnate or even lower their standard of living>> ... appears to be more true than not, for now ... until you sofa goes up in price, down in quality due to official intervention :0)U.S. Furniture Makers Seek Duties on Chinese Importsonline.wsj.com By DAN MORSE Staff Reporter of THE WALL STREET JOURNAL A coalition of U.S. furniture makers asked Washington trade officials on Friday to impose antidumping duties against Chinese-made bedroom furniture -- furniture that the coalition says is unfairly priced too low. The domestic companies say imports from China are ravaging its industry. Over the last 2½ years, the U.S. wood-furniture-making industry has shed approximately 34,000 jobs, or 28% of its workforce, according to the U.S. Department of Labor. At the same time, imports from China have grown significantly. U.S. makers of sofa and upholstered furniture have been more insulated from imports, in part because those goods are often custom-ordered, although imports are growing in that sector also. Friday's trade action centered on wood bedroom furniture -- beds and dressers, for example. Based on its own investigation, the 31-company coalition estimates that in order to "level the playing field," anti-dumping duties could begin at 158%. The coalition said it had found "detailed and extensive evidence of dumping." The furniture makers filed their petition with the U.S. Department of Commerce and the U.S. International Trade Commission. Those agencies will investigate their claims. John Bassett, president and chief executive of Vaughan-Bassett Furniture Co., Galax, Va., and a spokesman for the group, said, "The petition documents some of the most egregious examples of dumping by the Chinese, which require the highest antidumping duties." Whether his group can prove that remains to be seen. Thus far, several of the big American players in the business have stayed out of the coalition. The petition is expected to be fought vigorously be Chinese factory owners, American importers and perhaps some big furniture retailers. They will argue that low-priced furniture from China is simply a matter of a labor-intensive product moving to a nation with very cheap labor and an increasing number of modern factories. Kevin O'Connor, the president of Legacy Classic Furniture, Greensboro, N.C., an importer, said, "Without getting religious about the whole thing, is God an American? Did he decide that the only people who should have wealth and a good way a life are in the middle of the North American continent? … In China, you ask these people to work 12-14 hours a day, six days a week, and they'll do it gladly, because they're trying to improve their plight in life." Imports from China of household wood furniture, a category that includes bedroom furniture, jumped 75% from $1.65 billion in 2000 to $2.89 billion last year, representing more than a third of all such imports to the U.S., according to the Commerce Department. In stores, consumers are grabbing up the lower-priced Chinese furniture, which industry officials say is getting better in quality. U.S. domestic production of all wood furniture fell to $10.67 billion last year from $12.12 billion in 2000, according to the American Furniture Manufacturers Association, an industry group. This includes production of furniture made of imported components. Write to Dan Morse at dan.morse@wsj.com