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The Continued Dumping and Subsidy Offset ACT, Byrd Amendment

The Continued Dumping and Subsidy Offset ACT, Byrd Amendment


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About the Book

The Continued Dumping and Subsidy Offset Act (CDSOA), commonly known as the ]Byrd Amendment, ] is a U.S. law providing for the distribution of import duties collected as a result of antidumping (AD) or countervailing duty (CVD) orders to petitioners and other interested parties in the investigations that resulted in the orders. CDSOA disbursements amounted to $231 million in FY2001, $330 million in FY2002, $190 million in FY2003 (with an additional $50 million held in reserve pending the outcome of a legal challenge), and $284 million in FY2004. The CDSOA was successfully challenged in a World Trade Organization (WTO) dispute proceeding brought by 11 WTO Members including Canada, the European Union, and Japan. In late 2004 eight of the complaining parties were authorized to ?suspend concessions? (retaliate) until the United States complies, most readily by repealing the law. Canada and the European Union began retaliating on May 2, 2005, by placing a 15% additional import duty on selected U.S. exports. Mexico imposed higher tariffs on U.S. milk products, wine, and chewing gum as of August 18 and Japan placed an additional tariff of 15% on 15 steel and industrial products as of September 1. Canada is particularly concerned that well over $3 billion in AD and CV duty deposits on softwood lumber may eventually be available for distribution to U.S. lumber producers under the CDSOA.


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Product Details
  • ISBN-13: 9781288673728
  • Publisher: Bibliogov
  • Publisher Imprint: Bibliogov
  • Height: 246 mm
  • Weight: 82 gr
  • ISBN-10: 1288673728
  • Publisher Date: 29 Jan 2013
  • Binding: Paperback
  • Spine Width: 2 mm
  • Width: 189 mm


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