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| quote: | Originally posted by ShadoWolf
The U.S. made the case, and the WTO agreed, that the Canadian stumpage fee system constitutes an illegal subsidy to Canadian companies.
However, the Byrd Amendment, which allowed the U.S. to collect compensation for U.S. companies injured by illegal Canadian policies, is also itself illegal.
Therefore it's debatable whether the $1 billion kept by U.S. companies is just compensation. The lumber industry, the provinces, and the U.S. seem to think it is a fair amount. I'll trust their judgement. |
true...but (and correct me if I'm wrong), the WTO does not issue binding rulings...the other trade body (NAFTA panel?) does...and it's those binding rulings that Canada won.
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