Jim Morgans Wood Profits

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Import Duties Hit Japanese Tool Makers

Hefty new import fees on some power tools made in Japan might level the playing field for American tool makers, but in many cases the fees won't affect the prices consumers pay for Japanese tools and they won't drive Japanese companies from the American market.

In June of 1993 the U.S. Department of Commerce (DOC) imposed import duties of more than 54 percent on many hand-held, professional-grade cutting tools (such as planers, routers and circular saws) imported from Japan, to punish Japanese companies for alleged "dumping"—selling their tools in the U.S. for less than fair value to capture a larger share of the market.

Makita is now appealing the DOC decision. In the meantime, the big three Japanese tool companies—Ryobi, Hitachi and Makita—say the new fees haven't had a large impact on their product lines because many of the tools aren't manufactured in Japan.

A spokesman for Makita, which has

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Wood Working for Amateur Craftsman

Wood Working for Amateur Craftsman

THIS book is one of the series of Handbooks on industrial subjects being published by the Popular Mechanics Company. Like Popular Mechanics Magazine, and like the other books in this series, it is written so you can understand it. The purpose of Popular Mechanics Handbooks is to supply a growing demand for high-class, up-to-date and accurate text-books, suitable for home study as well as for class use, on all mechanical subjects. The textand illustrations, in each instance, have been prepared expressly for this series by well known experts, and revised by the editor of Popular Mechanics.

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