The Gazette (Montreal, Quebec) | December 30, 2003
The United States missed a Saturday deadline from the World Trade Organization to repeal a law that gives millions of dollars in tariff revenue to companies, exposing the United States to sanctions from the European Union, Canada and Japan. International Paper Co., Temple-Inland Inc. and Potlatch Corp. are among U.S. timber companies that stand to gain at least $800 million from preservation of the so-called Byrd amendment, because of duties on Canadian softwood. The Byrd amendment, enacted in 2000, was designed to help steel producers, farmers and other companies that say they were hurt by illegal government subsidies or unfair pricing by foreign competitors. The law requires anti-dumping tariffs go to companies rather than the Treasury.The Gazette (Montreal, Quebec):
