Japan keeps up pressure on U.S. in WTO dumping case
13/04/2008 12:00
Japan had previously sought authority to impose up to $250 million a year in extra tariffs on American goods to retaliate against the U.S. method of setting duties on imports Washington says are dumped -- unfairly sold more cheaply than at home.
The case turns on a method of calculating anti-dumping duties known as zeroing, which is used by
Critics say zeroing results in duties higher than necessary.
The case was referred to WTO arbitration in January because
But the arbitration will be suspended while the WTO determines whether the
Under a U.S.-Japanese procedural agreement last month, the
The dispute, launched in 2004, originally centred on
WTO panels and appeal courts have consistently ruled against zeroing, but
Reuters,
Source: www.guardian.co.uk
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