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"Bush
Officials Signal Byrd Implementation Despite Opposition
Inside
US Trade"
February 16, 2001
Inside US Trade reports
that the Bush Administration has indicated to Congress and US trading
partners that it will implement the controversial Continued Dumping and
Subsidy Offset Act, the so-called Byrd Amendment. The provision would
give antidumping and countervailing duties to companies petitioning for
protection.
CITAC, a group
representing consuming industries that oppose the Byrd Amendment and has
encouraged its repeal, submitted comments to USTR on the law. CITAC’s
letter says the law sets a policy of giving away government funds
in a way that distorts the operation of our nation’s antidumping and countervailing
duty laws, encouraging petitions and discouraging trade.
CITAC believes
the WTO will find the law conflicts with U.S. obligations under the WTO
agreement. It also believes implementation of the Byrd Amendment would
threaten the competitiveness of consuming industries that rely on imports
for raw materials and components.
"Governor
Promises $110 Million to Aid Ohio Steel Industry"
The Associated Press
February 5, 2001
Associated Press Business
Writer M.R. Kropko reports that Governor Bob Taft of Ohio has introduced
plans to aid the state's steel industry with a $110-million aid package.
The aid package comes
in the wake of recent bankruptcy filings by three Ohio steel makers.
Jon Jensen, chairman
of The Consuming Industries Trade Action Coalition says his organization
opposes restrictions on imports. According to Jenson, some grades and
quality of steel are not available in the US. "Our concern is that
if protective action is taken, then work will leave this country to other
places where competitive steel is available." Jensen said.
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