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Long-outlawed U.S. trade policy wins WTO approval in Canada lumber dispute

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GENEVA (Reuters) – 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.

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The WTO’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. Some lawyers see it as a major factor in U.S. President Donald Trump’s decision to block appointments of judges at the WTO.

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