Vietnamese shrimp exporters to US to enjoy zero tariffs
(11/22/2019 12:00:00 AM)
The US Department of Commerce (DoC) recently announced the
preliminary results of the 13th Period of Review (POR 13), which
reviewed the anti-dumping tariff on shrimp imports from Vietnam.
The
DoC concluded that frozen shrimp products of two respondents of Sao Ta
Foods JSC (Fimex VN) and Nha Trang Seaproduct Company did not violate
anti-dumping regulations from February 1, 2017 to January 31, 2018.
Therefore, preliminary tariffs on those two companies and other 29 local shrimp exporters will stand at zero percent.
The
preliminary tariffs serve as a foundation for Vietnamese exporters to
obtain the lowest anti-dumping tariffs in the final results of the POR
13, helping the firms thrive in the US market.
With
zero-percent antidumping tariffs, Vietnam’s shrimp industry will now
have more competitive edge than some other countries in the US market
and help to boost Vietnamese shrimp exports to the US.
VIFEP (Vasep)
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