Tag Archives: (ASPA)
‘Catastrophic crisis’: Imported shrimp flood US market
Foreign shrimp imports are overwhelming the country’s inventories of shrimp and driving market prices for locally sourced shrimp to record lows, prompting widespread calls from elected officials and organizations throughout southern Atlantic and Gulf Coast states for the federal government to declare a fishery resource disaster. Governors of coastal states from North Carolina to Florida to Texas are being pressed to ask U.S. Commerce Secretary Gina Raimondo to determine a fishery resource disaster for the South Atlantic and Gulf of Mexico shrimp fishery. In what one North Carolina coastal county’s board of commissioners refer to as an “unprecedented catastrophic crisis,” shrimpers are struggling to maintain operations because they’re making substantially less for their catch while paying historically high fuel prices and other inflation-driven costs. Shrimpers are also being forced to dock their freezer boats, or vessels with onboard freezers, because they can’t move their product in a market flooded with frozen shrimp from overseas. >>click to read<< 09:40
U.S. Shrimp Industry and Congressional Allies Urge ITC to Maintain Antidumping Orders on Imported Shrimp
The United States shrimp industry recently made its case to maintain antidumping orders on imported shrimp from India, Thailand, and Vietnam before the International Trade Commission (ITC). On April 11, 2023, the ITC conducted a hearing in connection with its Third Sunset Review on the antidumping orders. The American Shrimp Processors Association (ASPA) presented five witnesses from shrimp processors in Texas, Louisiana, Mississippi, and Florida who relayed stories about the continuing injury caused by ever- increasing volumes of dumped imported shrimp. >click to read< 13:58
