WTO and the Byrd Amendment
NPR's Kathleen Schalch reports that a World Trade Organization court has ruled that the so-call Byrd Amendment to U.S. trade law is a violation of international trade rules. The amendment, named after Sen. Robert Byrd (D-WV), requires the Customs Service to hand over the anti-dumping duties it collects to the companies that brought the unfair trade complaints. Hard-pressed steel companies were the main beneficiary of the law. The U.S. Trade Representative's Office says it will work with Congress to bring U.S. law into compliance with international trade rules.
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