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Notice that they retaliated to the Byrd amendment by seeking sanctions for practices exactly like those prohibited by the Byrd Amendment.
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I don't notice that. The Byrd amendment would fine foreign companies, and then give that fine money to those companies American competitors. This is one of the things that made the Byrd amendment so bad, it was a double hit for the companies involved. I haven't seen anything to suggest that the responses are going to involve the same sort of double penalty.
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Of course Japan and Europe are gonna flip over our measures to prevent their dumping of steel, etc. If they can just keep dumping unabated for a few years, they can drive our market to 0, and then grab a monopoly. Dumping is wrong going either way -- suck it up.
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If the US economy couldn't deal with the trade agreements, then they should have never been approved in the first place. If you enter into an agreement that you think is unfair, then you should have never agreed to it in the first place.