Commerce Affirms China, Others Subsidizing Shrimp Exports

Law360, New York (August 13, 2013, 6:33 PM EDT) -- The U.S. Department of Commerce on Tuesday affirmed that China, India and three other countries are unfairly subsidizing their shrimp industries, a decision that makes it more likely the U.S. will levy countervailing duties on shrimp imports this fall.

Commerce issued its final determinations of a countervailing duty investigation it launched earlier this year at the behest of shrimp industries based in the Gulf Coast, finding that China, India, Malaysia, Ecuador and Vietnam have provided import subsidies to local producers of warmwater shrimp.

The agency also determined...
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