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    Home > Food News > Food Articles > U.S. launches anti-dumping duty investigation into China-India-Thai-Vietnam frozen shrimp trade

    U.S. launches anti-dumping duty investigation into China-India-Thai-Vietnam frozen shrimp trade

    • Last Update: 2022-09-07
    • Source: Internet
    • Author: User
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    China Shrimp Export Survey
     
    "The United States will review these four countries under the Tariff Act of 1930 to determine whether the removal of anti-dumping duties on frozen warm water shrimp within a reasonably foreseeable period may result in a loss of raw material supply," the ITC said
    .
    However, the specific review period has not yet been determined.

    .
     
    As one of the entities promoting the implementation of anti-dumping duties, the Southern Shrimp Alliance of the United States has always insisted that the influx of imported shrimp into the U.
    S.
    market has harmed the interests of the local industry and squeezed its existing market space
    .
    On the other hand, Thai exporters and their attorneys argue that many Thai exporters are mistaken by U.
    S.
    consumers for U.
    S.
    suppliers, and that Thai producers do not necessarily ship to the U.
    S.
    market during the long-running anti-dumping duty process
    .
     
    The Thai side also stated that, in addition, several major Thai exporters have reduced their exports to the U.
    S.
    market due to anti-dumping issues, and Thai frozen shrimp exports to the U.
    S.
    have plummeted in the past decade; on the contrary, Thailand’s domestic market and Japan and the European Union have Demand from major non-U.
    S.
    export markets such as Thailand has increased significantly; even though Thailand has the lowest anti-dumping duty rate of all the countries surveyed, producers will not drastically increase shipments because of whether the U.
    S.
    removes the tax rate
    .
    frozen shrimp
     
    The Thai defense includes companies such as Asian Sea Corporation, CP Foods; Good Luck Product, IT Foods, KF Food, Kingfisher Holdings, Kitchens of the Ocean (Thailand) and Kongphop Frozen Foods
    .
    In response to the new round of anti-dumping investigations, exporters in India and Vietnam have also hired lawyers to defend themselves, but Chinese companies have yet to initiate defense
    .
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