WTO Sides With China On EU Fastener Dumping Duties

Law360, New York (July 15, 2011, 3:27 PM EDT) -- The World Trade Organization on Friday rejected the European Union's appeal claiming its dumping duties on Chinese-made steel fasteners didn't violate international trade law, ruling that the bloc had to calculate individual tax rates for each exporter.

The bulk of the dispute focuses on the EU's decision to consider the Chinese government itself as the country's lone exporter in order to set a countrywide anti-dumping margin as high as 85 percent for the fasteners, which are used in a wide variety of industries, including construction and...
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