Saturday, November 26, 2005
The Globe and Mail: U.S. House of Representatives kills Byrd amendment
The Globe and Mail
The United States is half way toward scrapping a controversial law that could eventually see the U.S. lumber industry pocket billions of dollars in duties paid by their Canadian rivals.
By a razor-thin 217-215 margin, the U.S. House of Representatives voted yesterday to kill the so-called Byrd amendment as part of a broader budget bill.
The World Trade Organization has already declared the law illegal, authorizing Canada and other countries to impose retaliatory duties for every dollar diverted to U.S. companies.
The United States is half way toward scrapping a controversial law that could eventually see the U.S. lumber industry pocket billions of dollars in duties paid by their Canadian rivals.
By a razor-thin 217-215 margin, the U.S. House of Representatives voted yesterday to kill the so-called Byrd amendment as part of a broader budget bill.
The World Trade Organization has already declared the law illegal, authorizing Canada and other countries to impose retaliatory duties for every dollar diverted to U.S. companies.
