Trade: No Dumping Allowed

No Dumping Allowed

When President Reagan refused last summer to impose quotas on shoe imports, he stressed the importance of free trade. But he also promised that the White House would take action against unfair trading practices by foreign countries. In December the Commerce Department initiated a complaint charging that Japanese semiconductor manufacturers were selling products in the U.S. market at prices below the cost of production, a practice known as dumping. That triggered an investigation by the International Trade Commission to determine whether U.S. makers of the 256K DRAM chips commonly used in computers and other electronic equipment had been injured by imports....

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