Senators make bid to restore zeroing rule
Oct 15, 2007 | 11:04 AM
| Rory Carroll
Thirteen Senators have sent a message to the Bush administration urging it to use the Doha Round of trade talks to overturn the World Trade Organization (WTO) appellate body's decision against the practice of zeroing.
In import duty decisions, zeroing does not give importers credit for products that enter the United States priced higher than their home market price. The practice increases anti-dumping duties in most cases, and the domestic steel industry has mounted a campaign to protect it. Zeroing was challenged at the WTO by both Japan and, more recently, the European Union. The United States lost both times.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here