CIT Backs Use Of Zeroing In Anti-Dumping Duty Reviews

Law360, New York (August 1, 2012, 1:56 PM EDT) -- The U.S. Department of Commerce's continued use of zeroing in administrative reviews but not in new trade investigations is supported by the greater accuracy of the approach, the U.S. Court of International Trade ruled Tuesday.

The CIT backed Commerce's justification of its use of zeroing in its review of anti-dumping duties on Vietnamese shrimp imports, finding the regulator had offered ample justification for the persistent use of the controversial review methodology.

“In investigations, Commerce adopts a methodology intended to capture overall pricing behavior for the purpose...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.