Financial Times FT.com

WTO supports Japan on ‘zeroing’ tariffs

By Alan Beattie in London

Published: August 18 2009 22:19 | Last updated: August 18 2009 22:19

A World Trade Organisation court on Tuesday reaffirmed a ruling against the US for the way it calculates emergency tariffs on imports it deems unfairly priced, the latest stage in a long-running case brought by Japan.

The ruling by the WTO’s appellate body opens the way for Japan to seek up to $250m (€177m, £151m) in trade sanctions on the US, and is likely to stoke a dispute about the use of so-called “antidumping” measures against imports by the US. In a separate action, Washington is pushing for the $250m figure to be reduced.

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