Commerce Department Implements WTO's Zeroing Decision
This week the U.S. Department of Commerce (DOC) issued the final results of it proceeding to implement the WTO's decision that calculating antidumping margins by not providing offsets for non-dumped comparisons (known as "zeroing") was inconsistent with by U.S. obligations under the WTO agreements.
In order to comply with the WTO's decision, DOC recalculated the dumping margins in twelve different antidumping investigations involving steel and pasta products originating in various member states of the E.U. (Although the E.U. challenged fifteen U.S. antidumping investigations, DOC revoked the antidumping duty order associated with three of those investigations.)
The new calculations led to a decrease in the dumping margins for nearly all of the European respondents. In several cases the new dumping margins on certain companies was zero and DOC will revoke the antidumping orders on those companies. DOC will also revoke the antidumping orders on two products since the new margin for the single respondent was zero.
Labels: Antidumping