Higher US duties on VN shrimp - News Summed Up

Higher US duties on VN shrimp


— File PhotoHÀ NỘI — The United States Department of Commerce (DOC) has officially levied higher anti-dumping duties on Vietnamese frozen warm-water shrimp exports during the review period starting February 1, 2014 to January 31, 2015. Therefore, voluntary respondents will also have to pay a duty rate of 4.78 per cent. Meanwhile, the tariff imposed on other Vietnamese firms or exporters not examined as mandatory or voluntary respondents in the POR10, remains at 25.76 per cent, said VCA. According to Vietnamese shrimp exporters, the higher anti-dumping duties will pose difficulties for their exports to the U.S. market in the future. During the first seven months of this year, Việt Nam earned an export turnover of US$364.8 million from shrimp exports, reflecting a year-on-year increase of 16.3 per cent.


Source: Viet Nam News September 14, 2016 02:37 UTC



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