:: rawblogXport ::

:: Monday, May 17, 2004 ::

U.S. Trade Panel Finds in Favor of U.S. Color Television Industry PR Newswire
The U.S. International Trade Commission voted unanimously that the U.S. television industry was materially injured by the dramatic surge in television imports from China over the past three years. The vote jump-starts the collection of anti-dumping duties averaging 23% on the CTV imports.

According to Mike Bindas, President of the IUE-CWA, the union representing U.S. workers that manufacture CTVs, and a petitioner in the challenge against the imports, 'We are very pleased with the outcome. This decision will benefit the hundreds of U.S. workers whose jobs are threatened by the flood of unfair imports into our country.'

Edwin D. Hill, President of the International Brotherhood of Electrical Workers, expressed his approval of the decision. Said Hill, 'For once, we have scored a victory for the working people who have lost so much to unfair trade throughout the world. The imposition of these tariffs is the fair and right thing to do for the U.S. industry and its workers.'

posted 5:40 AM :: reference link :: 0 comments ::

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