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Zeroing

29 posts

Musings on Anti-Dumping and Zeroing

As I read through the recent U.S. - Stainless Steel from Mexico panel report, in which the Panel rejected prior Appellate Body rulings and found that certain types of zeroing are permissible, some questions occurred to me: -- Why is injurious dumping to be "condemned," as stated

The Zeroing Battle in the Courts

In a decision circulated today, a WTO panel says it disagrees with the Appellate Body's views on zeroing under AD Agreement Article 9.3, and decides not to follow the Appellate Body's approach. Here's an excerpt: 7.115 We respectfully disagree with the Appellate

Zeroing: Artificially Higher Margins or Artificially Lower Margins?

From the U.S. statement to the Rules Negotiating Group last week: I’d like to address the issue that has been the focus of so many delegations here today – that is the issue of mandatory offsets or “zeroing.” Dumping margins occur when export prices are less than normal value,

Zeroing Showdown

Reuters reports: The United States squared off against other World Trade Organisation members on Wednesday over its use of import penalties, an issue diplomats see as the latest obstacle to a new global trade deal. The U.S. view: "It is a very serious issue," U.S. ambassador

More Reaction to the Draft Rules Text

For those in DC: THE AMBASSADOR'S DART BOARD: Responses to the Doha "Rules" Paper Published by Chairman Guillermo Valles Galmés Thursday, December 13, 2007 8:30 – 10:30 A.M. (Registration opens at 8:00 a.m.) The National Press Club 529 14th Street, NW, 13th

International Tribunals Don't Like Zeroing

It's not just the WTO. Last week, a NAFTA Chapter 19 tribunal that was considering a Department of Commerce AD ruling found zeroing to be impermissible: In sum, on the issue of the permissibility of zeroing, the Panel remands the matter back to Commerce to re-calculate Mittal’s

The Zeroing Negotiations: U.S. Industry Reaction

When I read Brazil's reaction to the draft rules on zeroing, and then I come across the following reaction from a U.S. industry group, I start to wonder how a deal will ever get done: The Committee to Support U.S. Trade Laws ("CSUSTL") expressed

The Zeroing Negotiations: Brazil's Reaction to the Draft Texts

Brazil is not happy with the draft text on zeroing: [Brazilian Foreign Ministry trade chief Roberto Azevedo] also slammed a new proposal released last week by the WTO's leading rules negotiator, Guillermo Valles Galmez of Uruguay. He said his silence until Tuesday was "one of the symptoms

The Zeroing Negotiations

From the draft consolidated texts on anti-dumping and subsidies and countervailing measures circulated by the WTO today, there's this new provision that appears to govern zeroing: 2.4.3 When the authorities aggregate the results of multiple comparisons in order to establish the existence or extent of a