The US accused Chinese companies of dumping televisions on the US market and slapped stiff duties on the products in the latest flare-up in trade tension between the two economic giants.
The US Commerce Department ruled on Monday that televisions from four Chinese firms were being sold in the US at less than fair value and announced provisional anti-dumping duties of 28 percent to 46 percent on the sets.
The ruling follows a US decision last week to limit imports of some Chinese textiles and added to tension between the world's biggest and fifth biggest trading nations, fanning fears in Asia that the US was growing more protectionist.
US television makers and unions complained that imports from China and Malaysia had mushroomed to 2.65 million sets a year last year from 210,000 two years earlier. No ruling was made on Malaysian televisions.
"Dumping can seriously injure or destroy an entire industry," Tom Hopson, the president of Tennessee television maker Five Rivers Electronic Innovations, said in a statement.
"US workers lose jobs when employers are forced to compete with unfair imports, which pressure US manufacturers to lower prices in what is typically a futile attempt to maintain market share," he said.
Booming Chinese factories have become important suppliers to major US retailers such as Wal-Mart, boosting the US trade deficit with China to a record US$103 billion last year.
US officials have pushed China to increase the value of its yuan, to take pressure off US manufacturers who blame Chinese competition for the loss of millions of jobs.
Some analysts say they expect a series of trade skirmishes with China ahead of US elections late next year. President George W. Bush's re-election bid could be determined by a clutch of manufacturing states.
Other US industries -- including iron pipe and bedroom furniture makers -- have also sought protection under anti-dumping laws.
MAKING WAVES: China’s maritime militia could become a nontraditional threat in war, clogging up shipping lanes to prevent US or Japanese intervention, a report said About 1,900 Chinese ships flying flags of convenience and fishing vessels that participated in China’s military exercises around Taiwan last month and in January last year have been listed for monitoring, Coast Guard Administration (CGA) Deputy Director-General Hsieh Ching-chin (謝慶欽) said yesterday. Following amendments to the Commercial Port Act (商港法) and the Law of Ships (船舶法) last month, the CGA can designate possible berthing areas or deny ports of call for vessels suspected of loitering around areas where undersea cables can be accessed, Oceans Affairs Council Minister Kuan Bi-ling (管碧玲) said. The list of suspected ships, originally 300, had risen to about
DAREDEVIL: Honnold said it had always been a dream of his to climb Taipei 101, while a Netflix producer said the skyscraper was ‘a real icon of this country’ US climber Alex Honnold yesterday took on Taiwan’s tallest building, becoming the first person to scale Taipei 101 without a rope, harness or safety net. Hundreds of spectators gathered at the base of the 101-story skyscraper to watch Honnold, 40, embark on his daredevil feat, which was also broadcast live on Netflix. Dressed in a red T-shirt and yellow custom-made climbing shoes, Honnold swiftly moved up the southeast face of the glass and steel building. At one point, he stepped onto a platform midway up to wave down at fans and onlookers who were taking photos. People watching from inside
Japan’s strategic alliance with the US would collapse if Tokyo were to turn away from a conflict in Taiwan, Japanese Prime Minister Sanae Takaichi said yesterday, but distanced herself from previous comments that suggested a possible military response in such an event. Takaichi expressed her latest views on a nationally broadcast TV program late on Monday, where an opposition party leader criticized her for igniting tensions with China with the earlier remarks. Ties between Japan and China have sunk to the worst level in years after Takaichi said in November that a hypothetical Chinese attack on Taiwan could bring about a Japanese
STREAMLINED: The dedicated funding would allow the US to transfer equipment to Taiwan when needed and order upgraded replacements for stockpiles, a source said The US House of Representatives on Thursday passed a defense appropriations bill totaling US$838.7 billion, of which US$1 billion is to be allocated to reinforcing security cooperation with Taiwan and US$150 million to replace defense articles provided to the nation. These are part of the Consolidated Appropriation Act, which the US House yesterday passed with 341 votes in favor and 88 against. The act must be passed by the US Senate before Friday next week to avoid another government shutdown. The US House Committee on Appropriations on Monday unveiled the act, saying that it allocates US$1 billion for the Taiwan Security Cooperation Initiative