WTO panel allows zeroing for administrative reviews
Dec 20, 2007 | 10:32 AM
| Rory Carroll
The World Trade Organization's anti-dumping agreement never intended to eliminate zeroing from administrative reviews, a WTO panel ruled Thursday.
The decision in a case involving U.S. imports of stainless steel from Mexico is a victory for U.S. steel producers and a setback for steel consumers, who argue that zeroing artificially raises anti-dumping duties.
It's also a slap in the face for the WTO's appellate body, which has voted against the use of zeroing in both administrative reviews and new investigations. Critics have accused the appellate body of judicial activism.....
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