The US: Duties to be imposed on imported shrimp from Indonesia, Ecuador, India and Vietnam

The U.S. International Trade Commission Commission has issued a ruling that may help Louisiana shrimpers compete on a more even playing field. The agency has determined that U.S. shrimpers are “materially injured” by imports of frozen warmwater shrimp from Indonesia, which the U.S. Department of Commerce has determined are sold in the United States at less than fair value. It also ruled that frozen warmwater shrimp from Ecuador, India and Vietnam are subsidized by those governments. As a result, import duties will be imposed on shrimp from those countires. Import duties are taxes levied by governments on goods brought into a country to protect local industries, raise revenue and control trade. U.S. Senator Bill Cassidy (R-La.) applauded the U.S. International Trade Commission’s decision. “Countries selling shrimp below their cost to the U.S. undermine Louisiana producers and Louisiana jobs,” Cassidy said in a news release. “We should use every tool we have to ensure fairness in ...