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Technology / AI and automation

GATT TO STUDY CHIP ACCORD

In response to the request from the EEC Commission, the General Agreement on Tariffs & Trade Council in Geneva yesterday voted to establish a panel do investigate the US-Japanese semiconductor pact. The Commission believes that the bilateral pact violates GATT rules on free trade. Separately, President Reagan is set to order 100% tariffs on $300m of Japanese imports tomorrow because of alleged pact violations.

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CBR Staff Writer

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