11. Stamina Foods Inc. turns a tidy profit importing cheap parts of the cow most Americans and Australians throw away. 12. That means that Chinese companies import component parts and assemble them before exporting the finished product. 13. The designation is held by most major shipyards and would allow Fore River to import parts duty-free as long as they were used for products that were later exported. 14. The flip side is that companies importing parts from South Korea, such as Dell Computer Corp., will pay less for them. 15. The products will be assembled at a factory in Manaus in Amazonas state, where a development zone permits parts to be imported under reduced tariffs for assembly. 16. The zones allow the plants to import car parts from Japan and elsewhere at half the usual duty for final assembly in the United States. 17. Tokyo says the United States imports more parts than it exports with most countries, including Mexico, Germany and France. 18. Another spokesman said the decision to import more parts was not reached because of the trade talks, under way in Geneva. 19. But he cautioned against a possible backlash as auto-makers have to tackle the rising cost of importing auto parts from Japan. 20. But prices will drop as lower tariffs allow GM to import key parts more cheaply, GM executives said. |