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CITAC, international trade, imports, exports <CITACUrgesDepartmentofCommercetoEnd"Zeroing">
FOR IMMEDIATE RELEASE Contact: Caitlin Andrews
February 23, 2011 Tel. 202.828.7637

caitlin.andrews@bgllp.com

 

CITAC URGES DEPARTMENT OF COMMERCE TO END "ZEROING"

 

Washington, DC – The Consuming Industries Trade Action Coalition (CITAC) submitted comments responding to the U.S. Commerce Department’s proposal to reform its anti-dumping processes by doing away with the WTO-illegal practice of “zeroing.” The comments commended the Department for finally “recognizing the need to resolve the zeroing problem, both because it eliminates American jobs and because it violates U.S. international obligations.”

CITAC also urged the Department to make adjustments to the proposal.  The effective date proposed was complex and confusing, and could damage U.S. export opportunities.  CITAC believes the proposal should be implemented as rapidly as possible by:

• Eliminating zeroing effective immediately with respect to all preliminary determinations of the Department in administrative reviews, changed circumstances reviews and sunset reviews, as an interim rule;

• Recalculating any margin in a Departmental sunset review to eliminate zeroing effective immediately; and

• Transmitting to the International Trade Commission without zeroing the margin likely to exist if an order is revoked, effective for any sunset review initiated after the publication of the Proposed Rules.

The CITAC comments noted that “further delay will be condemned by our trading partners and will further damage consuming industries and American jobs. Thus, we strongly urge the Department to consider the interests of all stakeholders in the process and make immediate moves to remedy this situation.”

“CITAC believes that the Department should consider the impact of trade remedy policy on downstream industries in the United States at this time of high unemployment, especially in the manufacturing sector. High duties will not restore manufacturing competitiveness or increase exports,” noted Lewis Leibowitz, Counsel to CITAC. 

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The Consuming Industries Trade Action Coalition (CITAC) is a Washington, DC-based trade organization with one primary objective: to ensure that consuming industries and manufacturers in the United States have access to reliable supplies of globally-priced materials necessary for those industries to produce their products.   For additional information, visit www.citac.info or contact Caitlin Andrews at (202) 828-7637 or caitlin.andrews@bgllp.com.

 

 

 

 

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