Trade experts say a U.S. Department of Commerce decision Wednesday on trade subsidies could help Michigan-based Whirlpool Corp. but lead to higher-priced clothes washers for consumers.
The United States Department of Commerce has once again ruled in favor of American companies who say Chinese manufacturers are receiving unfair government subsidies.
The U.S. Commerce Department told Daewoo Electronics Corp. to pay a 71 percent import duty on large, residential washing machines made in South Korea, after the company didn’t respond to a probe of government subsidies.
In a tit-for-tat move, China warned that it will probe illegal EU subsidies to counter Brussels' reported decision to launch anti-dumping cases against Chinese telecom firms for receiving subsidies.
Taipei, May 30, 2012 (CENS)--The International Trade Commission (ITC) under the Ministry of Economic Affairs has dismissed the charge filed earlier by Taiwan’s largest steelmaker China Steel Corp. against illegal dumping of carbon steel plates made in Korea and India into the Taiwanese market.
Taipei, May 30, 2012 (CENS)--The International Trade Commission (ITC) under the Ministry of Economic Affairs has dismissed the charge filed earlier by Taiwan’s largest steelmaker China Steel Corp. against illegal dumping of carbon steel plates made in Korea and India into the Taiwanese market.
TAIPEI, May 30 (Xinhua) -- Taiwanese smartphone maker HTC Corp. announced on Wednesday that all its shipments to the United States have cleared a customs review into compliance with a patent ruling, thereby completing proceedings for U.S. import.