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- <text id=93TT2442>
- <title>
- Feb. 08, 1993: No Dumping Zone
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1993
- Feb. 08, 1993 Cyberpunk
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- THE WEEK
- BUSINESS, Page 22
- No Dumoing Zone
- </hdr>
- <body>
- <p> If this was a sign of Clinton Administration policy, then it
- was unwelcome news for U.S. trading partners. By imposing
- tariffs of 27% on steel imports from 19 countries, the Commerce
- Department signaled that it will no longer allow offshore
- producers to dump bargain-rate steel into the American market.
- But the action, which affects $2.6 billion worth of steel
- annually, was the work of civil service members at the
- department and does not necessarily reflect Clinton's views.
- Canada, nonetheless, quickly imposed a countertariff on steel
- from the U.S.
- </p>
-
- </body>
- </article>
- </text>
-
-