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US TAXES SHRIMP IMPORTS FROM THAILAND, INDIA.

AsiaPulse News

| August 02, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

WASHINGTON, Aug 2 Asia Pulse - United States has imposed taxes ranging between 3.56 per cent and 27.49 per cent on shrimp imports from India in the second phase of a probe into the petition alleging "dumping" at low prices.

Shrimp procured from Brazil, Ecuador and Thailand would also cost more after the US Commerce department on Thursday announced a prelimnary decision to tax imports.

The agency said a prelimnary probe indicated imports from the four countries were sold "at less than fair value," opening the door to punitive tariffs.

The duties would range up to 67.80 per cent for Brazil, 6.08 per cent to 9.35 per cent for Ecuador, and 5.56 per cent to 10.25 per cent for Thailand, the Commerce Department said.

Earlier this month, US had ...

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Source: HighBeam Research, US TAXES SHRIMP IMPORTS FROM THAILAND, INDIA.

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