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Trade Commission extends duties on...

Trade Commission extends duties on imported shrimp

By: Magnolia Tribune - March 16, 2011

Trade Commission extends duties on imported shrimp

WASHINGTON — The U.S. International Trade Commission voted to extend antidumping duties on imported freshwater shrimp for another five years after the domestic industry, especially hard-hit on the Gulf Coast, made a strong case to continue the tariffs on freshwater shrimp from Brazil, China, India, Thailand and Vietnam.

The vote was 5–1.

Mississippi Republican U.S. Sens. Thad Cochran and Roger Wicker and Rep. Steven Palazzo of Biloxi issued a statement praising the agency for its decision.

“The ITC correctly recognized that the antidumping duty order is needed to give the shrimp industry in the Gulf of Mexico a chance to compete, survive and prosper,” said Cochran, who testified to the ITC in support of domestic producers. “Shrimping is not an easy business, but it is a time-honored way of life on the Gulf Coast. I am pleased with the extension of the antidumping order and the protection it offers the shrimp industry against excessive underpriced imports.”

Sun Herald
3/15/11

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.