Surprise: The long-outlawed practice of"zeroing" is suddenly legal.Under pressure from U.S. President Donald Trump , the World Trade Organization has reversed a long-standing policy outlawing "zeroing." The ruling means the U.S. can legally calculate higher tariffs on Canadian softwood lumber.
GENEVA — A World Trade Organization ruling approved a long-outlawed U.S. trade policy on Tuesday, when a panel of adjudicators said Washington's use of"zeroing" to calculate anti-dumping tariffs was permissible in the case of Canadian softwood lumber.'s long-running row over zeroing is a technical dispute that turned into a power struggle between the United States and the arbiters of international trade law.
If WTO is receptive to pressure, what is the point of having them?
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