Paul Rosenthal '75 Comments on U.S. Trade Policy for NLJ
Paul Rosenthal '75 commented on U.S. trade policy for an article in The National Law Journal examining "zeroing," the calculations involved in determining whether a foreign company is selling its goods in the United States at a fair price or dumping products at below market value, which would trigger duties. The front-page article, "U.S. trade policy nears zero hour," appeared in the journal's April 5 issue, and featured a picture of Rosenthal.
The U.S. has been under increasing international pressure to change the way it calculates prices, but Rosenthal, a managing partner at Kelley Drye & Warren Washington who represents domestic industries including pasta and steel makers, defended zeroing. "If you're going 65 in a 55 mph zone for one hour, and 45 in a 55 for one hour, you're not off the hook for speeding," he said. "It's great if you weren't dumping on some sales, but you can't use that to offset the dumped sales."