Mexico Hits U.S. Exports with Tariffs in Retaliation for Byrd Amendment

摘要

MEXICO HAS IMPOSED RETALIATORY duties on U.S. exports because Congress has not repealed the Byrd amendment, formally known as the Continued Dumping and Subsidy Offset Act of 2000. Mexico began imposing tariffs of 20.9 million dollars in three product categories on Aug. 18. In 2002, the World Trade Organization ruled that the Byrd Amendment violates U.S. trade obligations, clearing the way for retaliatory sanctions by eight WTO member countries. The WTO later authorized eight countries to retaliate based on the amount of Byrd Amendment distributions by the United States.