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U.S. Imposes Big Tariffs On Korean Chipmakers

dipfan writes "This is serious - the U.S. government has decided to levy steep import tariffs on South Korean computer chips (and Vietnamese catfish). The result is a 44 percent tariff on DRAM semiconductors made by Hynix. The case was brought by Micron Technology on the grounds that the South Koreans were receiving unfair subsidies. Hynix says the tariff is 'outrageous', and the South Koreans plan to appeal to the World Trade Organisation."

2 of 827 comments (clear)

  1. Re:Yeah, this is Bush's version of "free trade" by jimmy_dean · · Score: 5, Funny

    Good one, isolated cases without proof. Not mentioning the number of fantastic things that Bush has done. It's always about "what do I get from the current president?" The man brought much needed integrity back to the presidential position. He is a strong leader in the time of terrorism, war and uncertain economies brought about by Bill Clinton. What more do you want? Nobody's perfect nor sees things your way all of the time. Give the guy a break.

    --
    -> Sometimes, you just gotta break free from the shackles of proprietary code.
  2. Re:Yeah, this is Bush's version of "free trade" by Fishead · · Score: 5, Funny

    In Canada we have these things called "Large Forests". In these "Forests" we have large amounts of "Trees". Because we have so many of these "Trees", it is cheaper for lumber companies to harvest, and make "Lumber". This "Lumber" can be sold cheaply to countries where the lumber companies must pay high prices in order to harvest their small number of "Trees". Apparently this is unfair to the Bush administration. Hence we have ~30% tariffs on our lumber. But hey, our dollar is going up and theirs isn't so PBTBTBTBTBT :-Ãz