WTO Accepts Report Knocking Duties On Vietnam Shrimp

Law360, Wilmington (September 2, 2011, 3:30 PM EDT) -- The World Trade Organization’s Dispute Settlement Body on Friday adopted a report finding that the use of zeroing in determining anti-dumping duties on shrimp from Vietnam was inconsistent with WTO agreements.

A WTO panel issued the report July 11, finding that U.S. Department of Commerce zeroing practices distorted the value of exports and conflicted with obligations under the organization’s anti-dumping agreement and the General Agreement on Tariffs and Trade of 1994. The organization recommended that the U.S. alter its practices to comply with those agreements....
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