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Latest Byrd Amendment Stories

2008-08-26 00:00:29

By Paul J. Nyden Charlotte Lane, a longtime Charleston resident, spends her time reading legal documents, listening to testimony and deciding whether to impose penalties on foreign companies exporting products to the United States. The International Trade Commission, with offices not far from the U.S. Capitol, examines a wide variety of imports ranging from steel and shrimp to rubber tires and laminated pet food bags. "We are six commissioners, three Republicans and three Democrats. We...

2006-07-17 13:59:31

By Sophie Walker WASHINGTON (Reuters) - The U.S. Court of International Law slapped an injunction on the United States government preventing it from handing over any more duties from Canadian softwood lumber imports to U.S. industry competitors. The ruling, issued late Friday, stopped short, however, of reimbursing money already paid out under what is known as the Byrd amendment. Canada and the United States have been at odds for decades over lumber trade. Although both sides...

2006-02-14 17:55:39

By Sophie Walker WASHINGTON (Reuters) - The United States on Tuesday urged Canada's new government to resume talks in a decades-old dispute over billions of dollars a year of U.S. imports of Canadian softwood lumber. Talks broke down last summer and were left on hold while Canada held elections. A source close to Canadian industry said the U.S. government was pushing to reopen negotiations because Canada was winning the legal battle with trade authorities. In the long row, both...

2005-11-18 09:57:33

By Doug Palmer WASHINGTON (Reuters) - The U.S. House of Representatives voted early on Friday to kill a 5-year-old trade program that has paid U.S. companies more than $1 billion and been declared illegal by the World Trade Organization. The House voted to repeal the Continued Dumping and Subsidy Offset Act as part of a broader package of budget cuts intended to save $49.9 billion over five years. The program takes duties collected on imports the U.S. government has determined are...

2005-10-24 18:54:00

WASHINGTON (Reuters) - A U.S. House of Representatives committee will vote this week on legislation repealing a 5-year-old trade law that has paid U.S. companies more than $1 billion and been declared illegal by the World Trade Organization, congressional aides said on Monday. The law distributes duties the U.S. government collects on imports it says are subsidized or unfairly priced to competing companies within the United States. That money used to go into the general treasury...

2005-09-30 17:40:25

By Doug Palmer WASHINGTON (Reuters) - A leading U.S. senator criticized the European Union on Friday for threatening renewed sanctions in a long-running trade dispute over tax breaks for Boeing and other exporters and said Congress was unlikely to give into pressure to repeal the measures. "I'm extremely disappointed that the European Commission has insisted on perpetuating this dispute. The fact is, the U.S. Congress worked for years to come into compliance with our obligations...

2005-09-26 13:52:51

WASHINGTON (Reuters) - Five U.S. companies have received nearly half of $1 billion in U.S. government payments under an unfair trade practices program, according to lawmakers who have seen a Government Accountability Office (GAO) report due out on Monday. The five-year-old program requires U.S. Customs to distribute duties collected on unfairly priced or subsidized foreign goods to U.S. companies facing the import competition. The program was declared illegal by the World Trade...

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2004-11-27 09:00:02

WASHINGTON - The World Trade Organization imposed penalties Friday on U.S. exports ranging from apples to textiles, escalating a trade dispute the Bush administration has struggled to defuse by unsuccessfully urging Congress to repeal legislation aimed at protecting American steelmakers. The administration signaled it would accept the penalties short term, but also warned that the United States would aggressively protect its own trading interests and expects fair treatment from the WTO....

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2004-11-26 21:00:03

WASHINGTON - The World Trade Organization imposed penalties Friday on U.S. exports ranging from apples to textiles, escalating a trade dispute the Bush administration has struggled to defuse by unsuccessfully urging Congress to repeal legislation aimed at protecting American steelmakers. The administration signaled it would accept the penalties short term, but also warned that the United States would aggressively protect its own trading interests and expects fair treatment from the WTO....

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2004-11-26 18:00:02

WASHINGTON - The World Trade Organization imposed penalties Friday on U.S. exports ranging from apples to textiles, escalating a trade dispute the Bush administration has struggled to defuse by unsuccessfully urging Congress to repeal legislation aimed at protecting American steelmakers. The administration signaled it would accept the penalties short term, but also warned that the United States would aggressively protect its own trading interests and expects fair treatment from the WTO....


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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