ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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International Trade- When the Chips Are Down

International Trade When the Chips Are Down ON April 17 the Reagan administration's plans to impose 100 per cent tariffs on certain Japanese electronic products became effective. This is the first time since the Second World War that the US has taken unilateral trade action against Japan. These punitive tariffs are in retaliation against Japan's alleged failure to abide by the terms of a bilateral trade agreement between the two countries which was designed to curb dumping of semiconductors in the international market and to open up the Japanese market to US manufactured semiconductors.

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