European Union to seek sanctions over U.S. failure to repeal trade law
"The law provoked formal complaints from the EU, Canada, Australia, Brazil, Chile, India, Indonesia, Japan, South Korea, Thailand and Mexico. They claimed that the law punishes exporters to the United States twice because first they are fined and then those fines are passed on to their competitors.
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Byrd continues to defend the law that bears his name and has called on the administration to fight harder to retain it.
'The United States should not and will not be bullied into adopting the views of foreign countries that would abolish America's trade remedy laws and put U.S. companies and their employees at risk,' he said in a statement on the day the deadline expired. "
In essence, Byrd does not recognize the rules of the WTO, which is a common nationalist sentiment. But if the US doesn't recognize the WTO, who will? Why talk about restarting the "Doha round" if the US takes a blatantly anti-WTO stance?
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