EU Holds Off On Sanctions Against US Over Zeroing

Law360, New York (September 8, 2010, 3:25 PM EDT) -- The United States and the European Union have reportedly asked the World Trade Organization to delay the imposition of sanctions on the U.S. for its use of the controversial anti-dumping duty calculation known as zeroing.

The EU and the U.S. asked the WTO to hold off on a procedure that would potentially allow the EU to levy tariffs against the U.S. on $311 million worth of trade, Agence France-Presse reported Wednesday.

A representative for the EU said the two sides asked a WTO arbitration panel to...
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