This is to prevent so-called screwdriver factories. Japanese companies producing copiers, electronic typewriters and electronic are thought likely to be hard hit by the measures. Probably equally foreboding to the Japanese has been the shift in US antidumping cases. Some Americans are now claiming that the failure of the Japanese to raise their US prices despite the massive appreciation of the yen indicates dumping by the Japanese. One involves Timken Co. of the U5 with respect to alleged Japanese dumping of ball bearings.
Early indications are that the company's argument based on the exchange rate is proving influential.
Likewise is a recent case filed by several US senators about Japanese exports of one-ton pickup trucks. The senators are claiming dumping since the Japanese have not raised prices nearly as much as the yen has appreciated. The Japanese deny any dumping. They claim that they have not raised prices due to increased manufacturing efficiency and as American importers and dealers have been reducing their profit margins. Singapore and Canada.