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US partially cuts taxes on Vietnamese catfish.
(From Agence France Presse)
A number of Vietnamese catfish farmers, accused of dumping low-cost fish on the US market and facing heavy duties for several weeks, have benefitted from a cut in duties by the US Commerce Department, they said.
Nguyen Huu Dung, general secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), said the US agency had discovered a crucial calculation error in the duties decided on January 27, following a massive trade row between the two countries.
No US source was immediately available to confirm the information.
The row was sparked by complaints from US companies accusing their Vietnamese counterparts of gaining 20 percent of the US catfish market by flooding it with cheap frozen fish.
In response, Hanoi accused the United States of protectionism and charged Washington for ...
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