Download or read book International Trade written by Loren Yager and published by DIANE Publishing. This book was released on 2006-02 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between FY 2001 & 2004, the Continued Dumping & Subsidy Offset Act (CDSOA) provided over $1 billion funded from import duties to U.S. co. deemed injured by unfair trade. Supporters state that CDSOA helps U.S. co. compete in the face of continuing unfair trade. Opponents state that CDSOA recipients receive a large, unjustified windfall from the U.S. treasury., Also, 11 WTO members lodged a complaint over the law. This report assesses: key legal require. guiding agency implementation of CDSOA; problems U.S. agencies have faced in implementing CDSOA; & which co. have received CDSOA payments & their effects for recipients & non-recipients; & describes the status of WTO decisions on CDSOA. Charts & tables.
Download or read book International trade written by United States. Government Accountability Office and published by . This book was released on 2005 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade written by Loren Yager and published by . This book was released on 2005 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade Issues and Effects of Implementing the Continued Dumping and Subsidy Offset Act written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Gao 05 979 International Trade written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO-05-979 International Trade: Issues and Effects of Implementing the Continued Dumping and Subsidy Offset Act
Download or read book International trade issues and effects of implementing the Continued Dumping and Subsidy Offset Act report to congressional requesters written by and published by DIANE Publishing. This book was released on with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Continued Dumping and Dubsidy Offset Act written by Jeanne J. Grimmett and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Despite strong congressional support for the measure in both chambers, a provision seeking to repeal the CDSOA was included the conference report to S. 1932, the Deficit Reduction Act of 2005. The House passed the conference report on December 19, 2005, by a vote of 212-206. Two proposals related to the CDSOA were offered by Senator Grassley on September 9, 2005, as amendments to H.R. 2862, the Department of Commerce and Justice, Science, and Related Agencies Appropriations Act, 2006, but were not voted on during Senate consideration of the bill; S. Amdt. 1680 would have limited implementation of the CDSOA, while S. Amdt 1681 would have struck a provision in the Senate-reported bill requiring WTO negotiations aimed at preserving the CDSOA. Additionally, H.R. 1121 (Ramstad), a bill to repeal the statute, has been suggested for possible inclusion in House miscellaneous duty suspension legislation. Controversy over the CDSOA is part of a larger ongoing debate in Congress, and in the country as a whole, on the future direction of U.S. trade policy. Proponents of the CDSOA argue that U.S. producers are facing an uneven playing field due to price discrimination and artificial competitive advantage brought about by unfairly dumped or subsidized imports. Opponents believe that the CDSOA may encourage additional AD or CVD actions, thus introducing a greater level of economic inefficiency into the trading system. Trade remedy issues are expected to receive continued attention in second session of the 109th Congress. This report will be updated as events warrant.
Download or read book The Continued Dumping and Subsidy Offset Act Byrd Amendment written by and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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; and in late 2004 most of the complaining parties were authorized to "suspend concessions" (retaliate) until the United States complies, most readily by repealing the law. Three WTO Members have entered into agreements with the United States in which they are reserving their right to pursue retaliation in the future. 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 has announced that it will place an additional tariff of 15% on 15 steel and industrial products effective September 1, 2005. Canada is particularly concerned that over $3 billion in duty deposits on softwood lumber may eventually be available for distribution to U.S. lumber producers under the CDSOA. While legislation has been introduced to repeal the CDSOA, the current law has strong congressional support in both chambers. H.R. 1121 (Ramstad), a bill seeking to repeal the measure, has been introduced in the House. In the United States, controversy over the CDSOA is part of a larger ongoing debate in Congress, and in the country as a whole, on the future direction of U.S. trade policy. Proponents of the CDSOA argue that U.S. producers are facing an uneven playing field due to price discrimination and artificial competitive advantage brought about by unfairly dumped or subsidized imports. Continued dumping of the targeted merchandise causes U.S. products to remain less competitive, despite the additional AD or CV duties assessed. Opponents believe that the CDSOA may encourage additional AD or CVD actions, thus introducing a greater level of economic inefficiency into the trading system. They also maintain that other U.S. industries could be damaged by higher prices for intermediate goods used in production, and that exporters could be adversely affected by retaliatory sanctions on their products. The CDSOA and other international trade issues are expected to receive continued attention in the 109th Congress. This report deals with the CDSOA issue in three parts. First, it discusses briefly the background of the law, its implementation and effects, and the WTO dispute settlement proceeding. Second, it addresses the pros and cons of repealing the measure. Third, options for Congress are presented. This report will be updated as events warrant.
Download or read book United States Court of International Trade Reports written by United States. Court of International Trade and published by . This book was released on 2006 with total page 2096 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Down in the Dumps written by Richard Boltuck and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the increasing integration of the major economies of the world, trade frictions have also increased. The Uruguay Round of multilateral trade negotiations, once scheduled for completion in December 1990, has been slowed over the issue of agricultural subsidies. The U.S.-Japanese trade relations have continued to be a source of friction between the two countries. At issue in all these disputes is whether the United States and other countries are playing "fairly" in the international trade arena. The General Agreement on Tariffs and Trade (GATT) outlines a variety of rules designed to ensure fairness. The United States, like other GATT signatories, has enacted statutes designed, for the most part, to be consistent with the GATT requirements. In this book, Richard Boltuck and Robert E. Litan, joined by a team of attorneys and economists with direct experience in "unfair trade" practice investigations, provide the first study of how one of the U.S. governmental agencies charged with implementing the U.S. laws governing unfair trade—the Department of Commerce—has actually discharged its statutory mission. In particular, the book focuses on the antidumping and countervailing duty statutes, provisions allowing the United States to impose offsetting duties on imports that are sold here at prices below those charged by the producers in their home countries that benefit from subsidies provided by foreign governments to encourage exports. Although these provisions may have once been obscure parts of the U.S. trade laws, they have figured importantly in many recent celebrated trade disputes, including those involving the import of foreign-made semiconductors, steel, lumber, screen displays for laptop computers, word processors, and minivan vehicles. All but one of the authors in the volume are highly critical of the procedures used by the Department of Commerce to calculate margins of dumping and export subsidization. Specifically, they find that a
Download or read book Continued Dumping and Subsidy Offset Act written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Continued Dumping and Subsidy Offset Act of 2000 written by World Trade Organization and published by . This book was released on 2002 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China and the WTO written by U.S.-China Economic and Security Review Commission and published by . This book was released on 2005 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade Reporter written by and published by . This book was released on 2008 with total page 1760 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States written by and published by . This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Operation of the Trade Agreements Program written by United States International Trade Commission and published by . This book was released on 1984 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
