Shrimp Tariffs To Hit Vietnam Trade

September 2004
Asia Monitor: South East Asia Monitor Volume 1;Sep2004, Vol. 15 Issue 9, p1
Country Report
Country Report
The shrimp industry, which employs nearly four million farmers, will be hit hard by the U.S. ruling that has introduced tariffs of up to 93% on shrimps imported from Vietnam. Exports of shrimp from Vietnam to the U.S. are to be hit by tariff duties of between 12% and 93% after a preliminary ruling by the U.S. Commerce Department found that Vietnam was exporting shrimps to the U.S. at below market cost. The case was triggered by a petition, filed last December by a group of US shrimp-trawler operators, who claimed that shrimp from India, Thailand, Brazil, Ecuador, China and Vietnam, were being dumped on U.S. markets.


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