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Friday, November 26, 2004

WTO approves sanctions on US over antidumping law
Brandon Smith at 10:03 AM ET

[JURIST] The World Trade Organization Friday approved sanctions against the US for failing to repeal the Byrd Amendment, federal legislation that directs US Customs to distribute duties collected as a result of "antidumping" and countervailing duty orders to US goods producers found to have been injured by foreign dumping and subsidies. The sanctions were supposed to have been approved Wednesday, but US diplomats held last-minute discussions with European and Canadian diplomats in an unsuccessful effort to avoid them. The exports upon which sanctions were imposed range from ski jackets to almonds and could extend to mobile homes, glassware, textiles, and more. The Business Times has more.






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