WTO gives Japan until September to change chip import rules
Mon May 5, 1:28 PM ET
A WTO arbitrator said this gives Japan a reasonable period of time to reshape its tariffs to conform with global trade rules.
Seoul complained to the WTO about a 27.2 percent charge Tokyo levies on imports of dynamic random access memory made by South Korea's Hynix Semiconductor Inc. DRAM chips are used in computers and other high-tech products.
The WTO arbitrator's decision, published Monday, follows a panel ruling in November from a WTO panel that Japan incorrectly calculated the tariff. The panel stopped short of ordering Tokyo to scrap the fees outright.
( What's this? )
-
AMD for Fair Competition
Better Quality Computers, Lower Prices and More Choice. Learn more.breakfree.amd.com/competition
-
What About Currency ETFs?
Discover How To Pocket Gains of 44% or More as the Dollar Dives.CurrencyRiches.com
-
Canon Digital Camera
Free Canon Digital Camera! Don't Miss Out - Offer Ends Soon.Canon.MyDigitalOffers.com
Technology Video
» All news video
-
Spammer-in- chief
The president looks forward to getting back on e-mail after office.
- Yeah Baby: Bush does 'Dr. Evil' impersonation
- Why did Bush give up golf?
- Bush picks his baseball dream team
- Bush: Global warming 'is real'
- Full transcript of exclusive Bush interview
Yahoo! News Topic Pages
Get in-depth coverage on green technology and social networking with new topic pages.
Elsewhere on the Web
Copyright © 2008 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.