US imposes anti-subsidy tariff on Vietnamese frozen shrimp
(VOVworld) - The US Department of Commerce (DOC) announced on Wednesday that it will impose anti-subsidy tariffs on frozen shrimp imported from China, India, Malaysia, Thailand and Vietnam.
In a preliminary decision, the DOC said it will impose countervailing duties on products imported from Thailand at 2.09%, from China at 5.76%, from Vietnam at 7.05%, from India at 11.32% and from Malaysia at 62.74%. In 2012, the five Asian countries exported approximately 258,000 tonnes of frozen shrimp worth US$2.3 billion to the US. Many products from these countries have been subject to anti-dumping tariffs for several years. The preliminary decision was based on the results of a DOC investigation into recent petitions by shrimp producers and packagers under the US-based Coalition of Gulf Shrimp Industries. A final decision will be made in late September.