The World Trade Organization's top court has recommended that the United States fall in line with international trade law. The World Trade Organization's top court has backed the European Union in its challenge of a U.S. method for dealing with unfairly priced imports called zeroing, confirming a series of previous rulings.
An official with the U.S. Trade Representative's Office said the United States was highly disappointed with many points of the ruling, but also noted the panel did not accept all of the European Union's claims in the appeal. A U.S. trade official said they will continue to consult with members of Congress and interested members of the public as they move forward with the next steps.
The European Union launched the appeal even though it earlier won the original case, because the original panel refused to rule on some instances challenged by Brussels. The United States subsequently also appealed. With the economic crisis fueling fears of protectionism, trade remedies such as anti-dumping measures to tackle cheap imports are coming under added scrutiny by governments and trade lawyers.
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