Local Shrimpers Happy for Foreign Shrimp Tariffs
December 11, 2024 | 1 min to read
The U.S. International Trade Commission has identified that the U.S. seafood industry is negatively impacted by foreign frozen warmwater shrimp, particularly from Indonesia, which is being sold at less than fair value. Additionally, shrimp imports from Ecuador, India, and Vietnam receive subsidies from their governments. As a response, the USITC will implement countervailing duty and antidumping orders to support American shrimpers.
The U.S. International Trade Commission has found that the U.S. Seafood industry has been suffering due to foreign frozen warmwater shrimp.
The USITC determined that shrimp from Indonesia has been being sold in the U.S. at a less than fair value and shrimp imports from Ecuador, India, and Vietnam have been given subsidies by their foreign governments.
The USITC will issue countervailing duty orders and antidumping orders to help combat the issues American shrimpers have faced.
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