WTO Panel Slams US Zeroing On Korean Exports

Law360, New York (January 18, 2011, 4:18 PM EST) -- A World Trade Organization panel has dealt another blow to the U.S.’ controversial use of zeroing in duty calculations, ruling that the method's use on products from South Korea is inconsistent with the anti-dumping agreement between the countries.

The WTO report, released Tuesday, comes on the heels of U.S. Department of Commerce's December announcement that it plans to stop using the zeroing practice.

According to the report, the U.S. acted inconsistently in its trade deal with Korea by using the zeroing method when calculating margins of...
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