Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Post New Thread Reply

Register GFY Rules Calendar
Go Back   GoFuckYourself.com - Adult Webmaster Forum > >
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
Thread Tools
Old 11-26-2004, 04:01 PM   #1
messiah1
Confirmed User
 
Join Date: Nov 2002
Posts: 549
WTO approves sanctions against the US

Trade sanctions on US approved
Fines will be imposed on products from sweetcorn to textiles
The World Trade Organisation (WTO) has given Europe, Japan and others the go-ahead to impose sanctions on a number of US companies dumping low-cost goods.

The sanctions are in retaliation for the Byrd Amendment, a rule that allows US firms to blow the whistle on "unfair" trade practices.

The $150m (£79m) in fines against the US could be imposed in early 2005.

Most of this will come from the EU and Japan, whose companies have been most affected by the Byrd Amendment.

Both have already presented the WTO with a list of products and goods they plan to hit, ranging from sweetcorn to metals to textiles.

http://news.bbc.co.uk/2/hi/business/4045979.stm
messiah1 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 05:05 PM   #2
CET
Confirmed User
 
Join Date: Jul 2003
Location: Los Angeles
Posts: 2,754
Quote:
Originally posted by messiah1
The sanctions are in retaliation for the Byrd Amendment, a rule that allows US firms to blow the whistle on "unfair" trade practices.
Serious question: Why is it so uncool for US firms to blow the whistle on "unfair" trade?
__________________
Alt Journals, Blogs for Perverts!

Fitness and nutrition writer, and UNIX/Linux Sys Ad in training

"Just as a man who has fallen into a heap of filth ought to seek the great pond of water covered with lotuses, which is near by: even so seek thou for the great deathless lake of Nirvana to wash off the defilement of wrong. If the lake is not sought, it is not the fault of the lake."
CET is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 05:06 PM   #3
Rantan
Confirmed User
 
Join Date: Aug 2004
Location: Portland ,OR
Posts: 714
haha....
__________________
www.jesusjohnson.com
Rantan is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 05:09 PM   #4
Bozo D Clown
Registered User
 
Join Date: Nov 2004
Location: Bozoland
Posts: 9
dman you most be kiddin'!

why would anybody care?
__________________

BOZO is in the house!
Bozo D Clown is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 06:32 PM   #5
Elli
Reach for those stars!
 
Industry Role:
Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
Quote:
Originally posted by CET
Serious question: Why is it so uncool for US firms to blow the whistle on "unfair" trade?
Maybe this will help...

" Under the Continued Dumping and Subsidy Offset Act of 28 October 2000, (also known as the Byrd amendment), the US government distributes the anti-dumping and anti-subsidies duties to the US companies that brought forward the cases. Offset payments are paid to cover certain expenses (such as investment in manufacturing facilities and acquisition of technology) incurred after the imposition of the anti-dumping and anti-subsidy measures for the production of the product subject to the measures. In the first annual distribution in January 2002, almost US $207 million were distributed, mostly to steel producers. More than US $270 million are available for distribution this year. "

http://www.eurunion.org/news/press/2003/2003003.htm
__________________
email: [email protected]
Elli is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 06:53 PM   #6
warlock5
Confirmed User
 
warlock5's Avatar
 
Join Date: Jan 2004
Location: Uranus
Posts: 2,808
Is this Byrd as in that KKK prick Senator?
warlock5 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 07:09 PM   #7
CET
Confirmed User
 
Join Date: Jul 2003
Location: Los Angeles
Posts: 2,754
Quote:
Originally posted by Elli
Maybe this will help...

" Under the Continued Dumping and Subsidy Offset Act of 28 October 2000, (also known as the Byrd amendment), the US government distributes the anti-dumping and anti-subsidies duties to the US companies that brought forward the cases. Offset payments are paid to cover certain expenses (such as investment in manufacturing facilities and acquisition of technology) incurred after the imposition of the anti-dumping and anti-subsidy measures for the production of the product subject to the measures. In the first annual distribution in January 2002, almost US $207 million were distributed, mostly to steel producers. More than US $270 million are available for distribution this year. "

http://www.eurunion.org/news/press/2003/2003003.htm
Is this a form of paying companies for whistle blowing (which doesn't sound bad to me, sort of like offering reward money for those who help catch criminals) or is this an excuse to have more corporate welfare?
__________________
Alt Journals, Blogs for Perverts!

Fitness and nutrition writer, and UNIX/Linux Sys Ad in training

"Just as a man who has fallen into a heap of filth ought to seek the great pond of water covered with lotuses, which is near by: even so seek thou for the great deathless lake of Nirvana to wash off the defilement of wrong. If the lake is not sought, it is not the fault of the lake."
CET is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 07:42 PM   #8
European Lee
Confirmed User
 
Join Date: Dec 2002
Location: Daytona Beach
Posts: 7,133
Watch out.. Japan is about to be 'liberated'

Regards,

Lee
European Lee is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 09:38 PM   #9
xclusive
Too lazy to set a custom title
 
Join Date: Apr 2004
Location: Buffalo, NY
Posts: 35,218
It's amazing how nobody but the US ever does wrong...
__________________

I support MediumPimpin.com / Shemp's Outlawtgp.com /


xclusive is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2004, 09:54 PM   #10
Love Brokers
Confirmed User
 
Join Date: Jul 2004
Location: Chatsworth, CA
Posts: 1,699
Quote:
Originally posted by xclusive
It's amazing how nobody but the US ever does wrong...
__________________
Content Junky
www.contentjunky.com
ICQ: 135173372
Love Brokers is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Post New Thread Reply
Go Back   GoFuckYourself.com - Adult Webmaster Forum > >

Bookmarks



Advertising inquiries - marketing at gfy dot com

Contact Admin - Advertise - GFY Rules - Top

©2000-, AI Media Network Inc



Powered by vBulletin
Copyright © 2000- Jelsoft Enterprises Limited.