• Categories
  • Archives

Brazil Studies How to Punish US for Anti-dumping Laws

Brazil’s Ministry of Foreign Relations released a note stating that the government will “reserve Brazilian rights in the World Trade Organization (WTO) and hold consultations with other relevant government organs to determine the next steps to be taken by the country in that organization.”

The note was prompted by WTO decision, on August 31, authorizing Brazil and seven other trade partners to apply sanctions against the United States for failing to abolish its anti-dumping laws, which had already been judged illegal by the organization.

“Brazil is very pleased with the outcome of this dispute, since it was confirmed that the so-called ‘Byrd Amendment’ violates the Anti-Dumping and Subsidies and Compensatory Measures Accords, and it keeps other WTO members from adopting measures similar to the American ones,” the note informs.

The Byrd Amendment allows fines received by the United States in dumping cases to be passed along to American export firms. The WTO declared the amendment illegal in 2002.

By way of illustration, it should be observed that anti-dumping and compensatory levies on Brazilian exports amounted to US$ 3,057,908.47 in 2002 and US$ 2,086,983.04 (preliminary figure) in 2003.


In previous years these amounts were considerably larger, and the existence of a WTO decision such as the present one helps discourage the use of such instruments.

Retaliatory measures are authorized only as long as the US continues to disregard the decisions of the Dispute Settlement Body.

The other countries that also obtained the right to apply sanctions against the United States are Canada, Chile, the European Union, India, Japan, South Korea, and Mexico.

Agência Brasil
Reporters: Lana Cristina and Ana Paula Marra
Translator: David Silberstein

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Number of Brazilian Indians Attending Schools Grows to 164,000

Indigenous school education in Brazil expanded 40% in the last three years. There were ...

Brazil Opposition Blames Government for Robbing Petrobras to Stay in Power

A jailed former executive at state-controlled oil multinational Petrobras Paulo Roberto Costa has reportedly ...

Brazil Is Not As Selfless As It Wants You to Believe

The selection of Ambassador Roberto Azevêdo as Director General of the World Trade Organization ...

Where the party never stops

Salvador’s Carnaval became the most popular festival in Brazil, surpassing the one in Rio. ...

Brazil Becomes World’s Number 1 Country for Adventure Tourists

In the tropics, Brazil occupies an area of 8.5 million square kilometers (3.3 million ...

Brazil’s Emperor Tourist

Brazil’s Emperor, Pedro II, during his time abroad found out how much Brazil needed ...

Brazil’s Number One Thug: Saint Nem, Neither Comedian Nor Martyr

In a war operation that used 7 helicopters, 18 armored cars and about 3,000 ...

Lula, Chavez and Other South American Leaders Gather in Argentina for Summit

Mercosur’s 39th Summit has started in Argentina. The presidents of Argentina, Cristina Kirchner, Brazil, ...

Stronger Ties

"This is an exhilarating time in the Brazil-U.S. relationship: a time of change, a ...

IADB Ends Week-Long Meeting in Brazil, Vowing More Loans for LatAm’s Infrastructure

The 47th Annual Meeting of the Inter-American Development Bank (IADB) ends today, April 5, ...