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."

Re:Yeah, this is Bush's version of "free trade"

[jimmy_dean]

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.

Re:Extreme

[jonr]

What? I am missing some hot chicks because I use Mozilla? WTF is happening? How about posting a image url? :Ãz

catfish-also-plan-to-sue dept. ???

[DogIsMyCoprocessor]

Why? So they can be fried instead of eaten raw?

Daisy, Daisy....

[djupedal]

Samsung,
Samsung,
sell me some dram please.

I use Samsung,
and I pay just the price that I please.

There are no lousy tariffs,
to mess with me or the Sheriff.

So up the price,
for Hynix rice,
and I'll go on my way like the brezzeeeeee!

Re: FIXED LINKS

[Black Parrot]

> PS: who else would love to shove their piece up into the Asian chick on the âoeInsight by WebTrendsâ AD that keeps popping up?
...

> I fucked up all the links, damnit

Browsers don't support that kind of 'gesture'.

Re:Yeah, this is Bush's version of "free trade"

[Fishead]

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

Re:Perhaps this 44% will offset a tiny part

[LostCluster]

We subsidse our farmers because imported milk tends to taste funny...

The last sentence doesn't make sense

[Ignorant Aardvark]

The South Koreans plan to appeal to the World Trade Organisation.

Ummm ... so?! Last time I checked, America, for better or worse, does whatever the hell it damn well pleases. We didn't need NATO's permission to go bomb the crap out of Iraq, and we sure as hell don't need the WTO's permission to levy tariffs on U.S. imports!!!

Re:Get Ready

[davidstrauss]

At that time, memory was going for around $100/MB (if memory serves).

I sure hope the memory served if it was $100/MB.

It's a plot by the RIAA!

[AndroidCat]

Think about it. If the price of RAM soars, what happens to all those cheap portable MP3 players? Most of what they are is RAM, so add at least 44% to their price too.

This has to be the work of the RIAA! (I tried to think of a way to blame it on SCOX, I got nothing. :^)

Dear Taxpayers of South Korea:

[timothy]

Drat -- someone caught onto our scheme! I regret that our business arrangment has come to an end, because I was looking for more of your money to subsidize my continuing purchases of Korean memory products.

We both know that long-term, your largesse has one obvious effect, long-term: namely, that your money creates some great bargains for purchasers of specially-supported companies' products.

It was fun while it lasted, though. If you care to subsidize any other products, I hope you will especially consider paying for part of my next LCD panel; they're still more expensive than I would like, and it would be nice if you could chip in a few bucks.

Thanks in advance,

timothy

p.s. In regards to our prior correspondence: maybe I wasn't clear. No, I actually don't care to artificially prop up any domestic businesses to achieve some sort of artificial parity in price or export numbers. I'll consider it, but it seems pretty irrational, except on the part of the subsidized business.

Re:Yeah, this is Bush's version of "free trade"

[Hamstaus]

Along with the "Lumber", Canada also has more "Gold Mines". The real problem is that Bush is worried that Canada will produce Peasants faster than they can produce Peons, and they'll be able to do a grunt rush before the US can get their Ogres out.

Re:Oh no! Not the WTO!

[Anonymous Coward]

you shouldn't claim to participate in something that you clearly do not stand for

Yeah, Bush should stick to the same policies he has with regard to international bodies such as the U.N

Shit, wait a minute!

Re:Yeah, this is Bush's version of "free trade"

[joostje]

What's that? You didn't murder Jimmy Hoffa? Well, I don't need proof.

Of cource, the US did have solid proof that Iraq had chemical weapons etc: the administration kept the reciepts.

Re:Coincidence?

[lobsterGun]

This reminds me of the economist joke I heard a few weeks ago.

Two economists are walking down the street and see a $50 bill on the sidewalk.

The first economist leans over to pick up the bill, but the other second economist stops him. The Second Economist explains, "If it were worth picking up, someone would have done it already."