Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2439)	1/9/2004 4:43:09 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

US Trade Panel OKs China Furniture Duties Fri January 9, 2004 01:31 PM ET By Doug Palmer WASHINGTON (Reuters) - A U.S. panel gave preliminary approval on Friday to import duties on more than $1 billion of wooden bedroom furniture from China in what Beijing has called the largest U.S. anti-dumping case yet against its goods. The U.S. International Trade Commission said there was a reasonable indication that low-priced imports from China were harming domestic furniture makers. A group of 27 U.S. companies want duties ranging from 158 percent to 441 percent to offset what they say is "dumping" by Chinese competitors. Beijing has warned that approval of the steep duties would have "negative effects on normal-U.S.-Sino trade." However, the Bush administration has pledged to aggressively use U.S. trade protection laws to defend American companies against imports it determines are unfairly priced. reuters.com