US raises anti-dumping duty on shrimp exports by India
Updated Nov 29, 2021 03:21 am
- Under the US Tariff Act of 1930, all tariffs come automatically under review every five years and the anti-dumping duty on shrimp imports from India, China, Brazil, Thailand and Vietnam imposed from 2005 would be revoked or continued on the basis of a fresh evaluation. India’s seafood sector is likely to take a hit with US department of commerce (USDOC) hiking the anti-dumping duty on shrimp exports from India by more than 100%.
- USDOC on Wednesday issued the final results of the fifteenth administrative review of the anti-dumping duty order on frozen warm-water shrimp from India by fixing an anti-dumping duty rate of 7.15%. It was 3.06% after the final results of the 14th administrative review.