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Old 11-26-2004, 06:32 PM  
Elli
Reach for those stars!
 
Industry Role:
Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
Quote:
Originally posted by CET
Serious question: Why is it so uncool for US firms to blow the whistle on "unfair" trade?
Maybe this will help...

" Under the Continued Dumping and Subsidy Offset Act of 28 October 2000, (also known as the Byrd amendment), the US government distributes the anti-dumping and anti-subsidies duties to the US companies that brought forward the cases. Offset payments are paid to cover certain expenses (such as investment in manufacturing facilities and acquisition of technology) incurred after the imposition of the anti-dumping and anti-subsidy measures for the production of the product subject to the measures. In the first annual distribution in January 2002, almost US $207 million were distributed, mostly to steel producers. More than US $270 million are available for distribution this year. "

http://www.eurunion.org/news/press/2003/2003003.htm
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