The Byrd Amendment is also known as the Continued Dumping and Subsidy Offset Act of 2000 (CDSOA). The act is American legislation closely associated with its chief sponsor, Democratic Senator Robert Byrd of West Virginia. The act changed the disposition of funds raised from duties on imports that the US government has determined to be subsidized or otherwise unfairly priced. Prior to the act, those funds were incorporated into the US budget. The Act specifies that the funds be distributed to the US companies that file pricing complaints. The Democratic Party, founded in 1792, is the longest-standing political party in the world. ... Seal of the Senate The United States Senate is one of the two chambers of the Congress of the United States, the other being the House of Representatives. ... Robert Carlyle Byrd (born November 20, 1917) is a West Virginia Democrat serving in the United States Senate. ... State nickname: Mountain State Other U.S. States Capital Charleston Largest city Charleston Governor Joe Manchin (D) Senators Robert Byrd (D) Jay Rockefeller (D) Official languages English Area 62,809 km² (41st)  - Land 62,436 km²  - Water 376 km² (0. ... A fine is money paid as a financial punishment for the commission of minor crimes or as the settlement of a claim. ...

This means that non-US firms which sell below cost price in the US can be fined, and the money given to the US companies who made the complaint in the first place. Money Money is any marketable good or token used by a society as a store of value, a medium of exchange, and a unit of account. ...

The European Commission claims that since 2000, US companies have received $1 billion in anti-dumping fees redistributed to them under the Byrd Amendment. The European Commission (formally the Commission of the European Communities) is the executive of the European Union. ... This article is about the year 2000. ... The United States dollar is the official currency of the United States. ...

The WTO (World Trade Organisation) ruled the Byrd Amendment wholly illegal in 2002 and although US President George W. Bush claims to desire the Act's repeal, as of July 28, 2005, the United States had still not repealed the law. The US government claims to be working with Congress to amend the law. For other uses of the initials WTO, see WTO (disambiguation). ... Illegal, or unlawful, is either prohibitted or not authorized by law. ... 2002 (MMII) is a common year starting on Tuesday of the Gregorian calendar. ... George Walker Bush (born July 6, 1946) is the current President of the United States and former Governor of the State of Texas. ... July 28 is the 209th day (210th in leap years) of the year in the Gregorian Calendar, with 156 days remaining. ... 2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ... A congress is a gathering of people, especially a gathering for a political purpose. ...

The European Commission and seven other countries - Brazil, Canada, Chile, India, Japan, South Korea and Mexico - filed a formal protest with the WTO. For other uses of the initials WTO, see WTO (disambiguation). ...

The WTO ruled that the European Union (EU) and the other countries can introduce measures which penalise the US for up to 72% of the monies raised and distributed through the Byrd Amendment. For other uses of the initials WTO, see WTO (disambiguation). ...

On April 4, 2005, the EU announced plans to implement limited sanctions on a selection of US goods, charging a 15% levy on U.S. paper, farm goods, textiles and machinery from May 1, 2005. This was in light of the continuing failure of the United States to bring its legislation in conformity with its international obligations. Also, on May 1, Canada imposed a 15% surtax sanction on US imports of cigarettes, oysters and live swine. The other protesting countries are expected to follow suit. April 4 is the 94th day of the year in the Gregorian calendar (95th in leap years). ... 2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ... Sanctions is the plural of sanction (see also penalty). ... A tax is a compulsory charge or other levy imposed on an individual or a legal entity by a state or a functional equivalent of a state (e. ... Piece of paper Paper is a thin, flat material produced by the compression of fibres. ... Farm equipment is any kind of machinery used on a farm to help with farming. ... This article is about the type of fabric. ... A machine is any mechanical or electrical device that transmits or modifies energy to perform or assist in the performance of tasks. ... May 1 is the 121st day of the year in the Gregorian calendar (122nd in leap years). ... 2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ... A cigarette will burn to ash on one end. ... Look up Oyster in Wiktionary, the free dictionary The name oyster is used for a number of different groups of molluscs which grow for the most part in marine or brackish water. ... Species Sus barbatus Sus bucculentus Sus cebifrons Sus celebensis Sus domesticus Sus heureni Sus philippensis Sus salvanius Sus scrofa Sus timoriensis Sus verrucosus Pigs are ungulates native to Eurasia collectively grouped under the genus Sus within the Suidae family. ...

On September 1, 2005, the Japanese government introduced 15 percent retaliatory duties on U.S. steel imports. September 1 is the 244th day of the year (245th in leap years). ... 2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ... There is still dispute as to whether Japan is a constitutional monarchy or a republic. ... The old steel cable of a colliery winding tower Steel is a metal alloy whose major component is iron, with carbon being the primary alloying material. ...

External links

• A brief history of the bill
• BBC report that EU may fight against the bill
• BBC report on the WTO ruling
• BBC report on the proposed European sanctions on US goods
• Foreign Affairs and International Trade Canada - Canada authorized to sanction the United States for Byrd Amendment
• CNN report on Japanese steel levies
• World Trade Organisation