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Government probes Japanese subsidies potential impact on imports
The Treasury opened an investigation spurred by Magnavox and Zenith alleging Japanese exporters benefit from tax subsidies such as depreciation allowances and tariff rebates. If found to provide illegal price cutting, countervailing duties could raise prices on Japanese electronics, including TVs, radios, tape recorders, and record players.
MENTIONED IN THIS ARTICLE
Treasury
Electronics
Magnavox
Zenith
Eugene T. Rassides
THE
United States
Rossides
Try
Canada
Michelin Tire