Originally posted by Seekerof
The EU and Canada don't want to start a trade war, do they?
We know who the winners will be, and it won't be them.
I'm fairly sure that Canada doesn't want to start a trade war, and I would guess that the EU doesn't either. They have just become frustrated
because the US has had 17 months to repeal this law, and nothing has happened.
If the US wants to impose levies on imports, that's all fine and good, and your prerogative. But when a levy is being disputed in the WTO, the money
should not be dispersed to the companies who initiated the actions. That money should be in trust, with your Customs agency, until the matter is
settled. Because if that money is ordered returned, which is a possibility in the case of softwood lumber, the money has to come from somewhere, and
I don't think the companies who collected on the duties will want to give it back.
And if the companies who are in the affected industries are already having their market protected by sanctions, why are they entitled to another
payout on top of that? The phrase 'double-dipping' comes to mind. That money, if collected legally, is the US taxpayers.
Personally, I was rather shocked (to put it mildly) when I saw this article. I took a moment, realized that tomorrow is April 1st, and no, this was
not a joke. I know that this kind of thing has been talked about up here before, but our government’s position has always been linkage of trade
issues=bad news, and for the most part, I agree.
I don't quite know what to think about the whole thing. Not being from the US, I don't know the politics of repealing the Byrd Amendment, but I
would think those are some pretty powerful lobby groups if they can block compliance with WTO rulings.
Maybe you can fill me in a little more. Bush has stated that he wants to open the border to cattle again, and that he wants to repeal this amendment
that caused the surtaxes; but Congress isn't going along. Is he saying one thing to us, and then saying something different at home; or is it
Congress like he says?