WTO Finds for Vietnam in U.S. Shrimp Dumping Case

World Trade Organization judges on July 11, 2011 ruled that the United States is violating global trade rules in using its controversial "zeroing" method to impose anti-dumping tariffs on shrimp from Vietnam.

The decision by a three-member panel was the latest of a series in which zeroing — a framework for calculating duties on goods sold at less than their price on the exporter's home market — has been found illegal under WTO agreements.