
Canada, EU submit list of targeted US imports in dumping dispute — Story developing with all sorts of implications. The Byrd amendment looks good on paper until you see who really benefits. Looks like more looting to me.
In August the WTO allowed the countries to levy retaliatory sanctions equivalent to 72 percent of the Byrd repayments made to US industry.
The EU has estimated that its sanctions would amount to between 40 and 50 million dollars a year, while Japan is targeting 78 million dollars in sanctions.
A European source said the EU would be targeting similar products to those during the steel dispute with the US: textiles, shoes, fruit and vegetables.
The US government said it had not managed to convince the US Congress to revise its anti-dumping legislation, but it is the third time American exporters have faced the threat of officially approved sanctions recently.
US President George W. Bush scrapped temporary tariffs on certain steel imports late last year after the EU gained WTO approval for 2.2 billion dollars in retaliatory sanctions.
backgrounder
anti-dumping info
Byrd Amendment from Euro Perspective
Anti-Byrd site with weird money grab list. For example a couple of candle companies made millions in government aid becuase of supposed dumping from overseas candle makers. So it’s candles we are protecting? You must check out the list.






















