The European Union, Canada and others to levy sanctions on U.S goods

earthtimes.org"The European Union, Canada and others to levy sanctions on U.S goods

Apart from Canada and the EU, six other countries, including South American neighbors Mexico, Brazil, and Chile plus South Korea, India, and Japan, some close allies of the United States, may join the sanctions.

The move would mean additional duties, extending up to 15%, may be levied mainly on textiles, paper and machinery exported to the E.U. and live swine, cigarettes and oysters sent to Canada.

The U.S. will now be pressured to amend the law, called the Byrd Amendment, passed by the Congress four years ago. It provides for the U.S. companies, rather than the Treasury, to receive anti-dumping duties levied on foreign manufacturers dumping goods in the U.S. market. This rule has benefited several U.S. firms, especially those in steel industry."