The US sharply reduced anti-dumping tax on Vietnamese honey

The US Department of Commerce (DOC) has just issued the final conclusion on the tax rate in the case of anti-dumping investigation (CBPG) of honey imported from Argentina, Brazil, India and Vietnam. Accordingly, anti-dumping tax for Vietnamese enterprises has decreased sharply, from 410.93% - 413.99% in the preliminary conclusion to 58.74% - 61.27%. According to the Ministry of Industry and Trade, compared with the preliminary conclusion, the dumping margin for Vietnamese enterprises at the final conclusion decreased by nearly 7 times, helping the honey industry to make efforts to continue exporting to the US. The results of the case showed the important role of the honey production and export industry in cooperating with the investigation agency. Previously, in May 2021, the DOC officially announced the initiation of an anti-dumping investigation (CBPG) for honey products originating from a number of countries, including Vietnam. At the end of 2021, the DOC announced ...