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New U.S. tariffs on shrimp from China, Vietnam may help U.S. shrimpers.(Knight Ridder Newspapers)
Byline: Charles Homans
WASHINGTON _ Some Chinese shrimp exporters will have to pay discouragingly hefty tariffs of more than 100 percent if they want their products to appear on American dinner tables, the Commerce Department ruled Tuesday.
Commerce's International Trade Commission also placed lower-than-expected tariffs on imports from Vietnam in a move likely to relieve pressure on the U.S. import market and prevent a surge in retail prices.
The decisions were seen as a victory by the domestic shrimp industry, which has suffered in recent years as cheap shrimp imports from Latin America and Asia have increased supplies and dropped prices in the United States.
Foreign exporters and American importers argue that imported shrimp _ which are ...
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Source: HighBeam Research, New U.S. tariffs on shrimp from China, Vietnam may help U.S....