Press Release: EU and US agree to bring excessive American anti-dumping duties down to WTO level

On 6 February 2012, the European Commission and the US solved one of their most longstanding WTO disputes concerning the US calculation practice of so-called "zeroing" in anti-dumping investigations.

They signed a roadmap which sets out the steps the US will take to comply with WTO rulings in the future calculation of duties when the US authorities find that some imported products from a particular exporter enter the US market below the normal market price. As a result, no EU exporter should be subject to an anti-dumping duty affected by zeroing in the future. The EU will closely monitor the US application of this new practice.

• Primary Source

European Commission: MEMO/12/73: What is Zeroing? http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/73&format=HTML&aged=0&language=EN&guiLanguage=en

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