Economic Impact of the Byrd Amendment
U.S. Congressional Budget Office Analysis
The Continued Dumping and Subsidy Offset Act (CDSOA) of 2000 requires that the revenues from anti-dumping and countervailing duties on a given import be distributed on an annual basis to the domestic producers that were either petitioners or interested parties supporting the petition in the case that resulted in the duties being levied on that import. Under CDSOA, $231 million in duty revenues was distributed in 2001, $330 million in 2002, and $293 million in 2003. The Congressional Budget Office (CBO) projects that distributions will total $3.85 billion from 2005 through 2014. On June 16, 2003, the World Trade Organization…
