US Makes Deals With EU, Japan To End Zeroing

Law360, New York (February 6, 2012, 4:27 PM EST) -- The U.S. has signed agreements with Japan and the European Union that will bring an end to a yearslong dispute over the practice of zeroing, U.S. Trade Representative Ron Kirk said Monday.

The conflict began almost a decade ago, when the EU first requested consultations at the World Trade Organization over the use of zeroing, a label used to describe a methodology employed in anti-dumping calculations for aggregating unfairly-traded transactions with other transactions, according to Kirk.

In 2006 and 2007, the WTO found that the U.S.'...
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