WTO awards $3.6 billion in Chinese retaliation against U.S. in AD case

The World Trade Organization on Friday determined China can retaliate against $3.579 billion in annual trade with the U.S. because the Commerce Department failed to comply with a ruling that faulted its use of certain methodologies in calculating antidumping duties -- including the controversial methodology known as “zeroing.” “[W]e determine that the level of nullification or impairment of benefits accruing to China as a result of the WTO-inconsistent methodologies used by the United States in anti-dumping proceedings concerning products imported...