The US keeps the anti-dumping duty on Vietnam shrimp

On June 1, 2023, the US International Trade Commission (ITC) issued a notice agreeing to uphold the order to impose anti-dumping duties on shrimp imported from Vietnam, China, and India. India and Thailand after the third final review after 5 years. According to the Federal Register, the task of this review is to re-evaluate the anti-dumping duties imposed on shrimp by four Asian countries: 4.30 - 25.76% for Vietnamese shrimp; 4.94 — 15.38% for Indian shrimp; 5.91 — 6.82% for Thai shrimp; and 0.07-112.81% for Chinese shrimp. This decision has been supported by the American Shrimp Processors Association (ASPA) in the context that it is difficult for domestic US shrimp to compete with imports. “Decades of increasing volumes of shrimp imports have created a race to reduce market share for US shrimp itself,” said ASPA President Trey Pearson. With this decision, the ITC has saved the lives of American shrimp farmers and created a fair competitive environment.

Previously, on May 31, 2023, US Customs and Border Protection said about $ 4.4 million in anti-dumping and countervailing duties collected would be distributed. Most of this came from Chinese lobster ($2.3 million), Chinese fresh garlic ($1.4 million), Vietnamese fish fillets ($300,000), and Chinese granular magnesium ($200,000).

(Theo PRNewswire)

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