WTO Finalizes Report Decrying US Zeroing

Law360, New York (February 25, 2011, 6:58 PM EST) -- The World Trade Organization's Dispute Settlement Body on Thursday adopted a report finding that the use of zeroing on products from South Korea is inconsistent with the WTO anti-dumping agreement.

A WTO panel issued the report Jan. 18, finding that the U.S. acted inconsistently by using zeroing when calculating margins of dumping on three Korean products: stainless steel plate in coils, stainless steel sheet and strip in coils and diamond saw blades.

The decision came as the U.S. Department of Commerce is reviewing public comments about...
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