BYRD AMENDMENT
November 1st, 2004
KEITH NUTHALLTHE EUROPEAN Union has been authorised by the World Trade Organisation (WTO) to impose retaliatory duties on US textile products for failing to scrap its Byrd Amendment law allowing payments of anti-dumping and countervailing duties to American companies making complaints sparking such tariffs. The WTO has supported Brussels, along with the Brazil, Canada, India, Korea, Japan and Mexico governments in ruling this law breaks its rules by encouraging US companies to make such complaints. The EU can now levy duties worth between US$200 and 300 million ...
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