Struggling Valley shrimpers receive good news on new import measures
In an industry where bad news is the norm, shrimpers in Texas and elsewhere in the United States finally have a sliver of good news. The U.S. International Trade Commission, or ITC, on Tuesday determined that the U.S. shrimp industry is being “materially injured” by imports of frozen warm-water shrimp from Indonesia that the U.S. Department of Commerce says are being sold in this country at less than fair value, and also by shrimp imports from Ecuador, India and Vietnam that the Commerce Department says are being subsidized by the governments of those countries. As a result of the ITC’s determinations, the Commerce Department will issue “countervailing duty orders on imports of this product from Ecuador, India and Vietnam and an anti-dumping duty order on imports of this product from Indonesia,” the ITC announced Tuesday. more, >>CLICK TO READ<< 11:57
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