DRAM tariff war called off
US and Taiwan reconsider anti-dumping taxes
Posted in Business, 22nd November 1999 12:33 GMT
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Taiwan may back down on charging anti-dumping tariffs to US DRAM makers after a decision by the US last week to drop similar charges against Taiwanese firms. On Friday, the US International Trade Commission (ITC) said there was no reason to impose an anti-dumping tax on Taiwan DRAM imports. "US industry is neither materially injured nor threatened with material injury by reason of imports of DRAMs of one megabit and above from Taiwan," the ITS said in a statement. The move followed a long-running battle between memory firms over cheaper DRAM flooding their markets and damaging domestic industry. Last October, US manufacturer Micron filed charges of unfair trade practices against Taiwan. This prompted a US investigation into DRAM imports from the island, with the US Department of Commerce this year calling for duties as high as 69 per cent. Taiwan then followed suit earlier this month by threatening its own tax penalties against the US. According to Eurotrade, Taiwan is now considering overturning this decision. ®

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