Saturday, March 20, 2004
Yahoo! News - WTO Sets Up Panel to Rule on EU Complaint: "The European request covers 31 U.S. measures which cover several hundred million dollars. Most are related to steel imports, although other items covered include pasta and chemicals.
To establish whether dumping is taking place, authorities determine the market price for a product and compare it with the price being charged by a specific producer. The European Union objects to the U.S. use of a method known as 'zeroing' in which products found to be sold at above-market prices are ignored in the calculation. "
To establish whether dumping is taking place, authorities determine the market price for a product and compare it with the price being charged by a specific producer. The European Union objects to the U.S. use of a method known as 'zeroing' in which products found to be sold at above-market prices are ignored in the calculation. "
