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U.S. Customs and Border Protection Paid Out $190 Million in Byrd Amendment Claims in 2003
(Friday, March 19, 2004)
contacts for this news releaseWashington, D.C. - U.S. Customs and Border Protection today issued its Continued Dumping and Subsidy Offset Act (CDSOA) annual report for fiscal year 2003. The report lists U.S. industries that petitioned the federal government for relief from unfairly traded imports that sold in the United States at less than fair value. The claimants received approximately $190 million. An additional $50 million will be disbursed pending the resolution of a court case. The Continued Dumping and Subsidy Offset Act of 2000 (known as the "Byrd Amendment") requires Customs to disburse antidumping and countervailing (AD/CV) duties to domestic producers injured by unfair foreign dumping and subsidies. Antidumping duties are imposed upon imported merchandise that the U.S. Department of Commerce has found is, or is likely to be, sold in the United States at less than its fair market value. Countervailing duties are imposed upon imported merchandise that Commerce determines benefits from actionable subsidies bestowed by a foreign government. In all antidumping cases, and in most countervailing duty cases, these duties are assessed only if the U.S. International Trade Commission determines that the imported goods cause material injury or the threat of material injury to a domestic industry. CBP processed more than 2200 claims during fiscal year 2003. The list of all recipients and the amounts they received is posted on CBP's Web site athttp://www.cbp.gov/xp/cgov/import/add_cvd/cont_dump/cdsoa_03/The Continued Dumping and Subsidy Offset Act of 2000 was enacted on October 28, 2000.U.S. Customs and Border Protection is an agency within the Department of Homeland Security that unifies U.S. Customs, Immigration and Agriculture Inspectors and U.S. Border Patrol Agents. | Contacts For This News Release
| 1300 Pennsylvania Ave., N.W. Room 3.4A Washington,
D.C
20229 | Media Services
Phone: |
(202) 344-1780 or
(800) 826-1471 |
| | | | CBP Headquarters
Office of Public Affairs
1300 Pennsylvania Ave., N.W.
Room 3.4A
Washington, DC 20229
| Phone: | (202) 344-1770 or (800) 826-1471 | Fax: | (202) 344-1393 |
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