Shrimps- Dumping Example

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IMPORTED SHRIMP DUMPED IN THE US – CASE STUDY US DOC ruled Shrimps imported from China and Vietnam is being dumped on US Market Both countries has been sold at less than fair value, with margins ranging up to 112.81% for China and 25.76% for Vietnam. As a result US Shrimp Companies are facing the heat as this has affected their market Share in their Own country

Transcript of Shrimps- Dumping Example

Page 1: Shrimps- Dumping Example

IMPORTED SHRIMP DUMPED IN THE US – CASE STUDY

• US DOC ruled Shrimps imported from China and Vietnam is being dumped on US Market

• Both countries has been sold at less than fair value, with margins ranging up to 112.81% for China and 25.76% for Vietnam.

• As a result US Shrimp Companies are facing the heat as this has affected their market Share in their Own country

Page 2: Shrimps- Dumping Example

IMPORTED SHRIMP DUMPED IN THE US – CASE STUDY

• The US industry group had asserted that the target countries sell shrimp in their home countries at prices between 32% and 349% higher than they charge in the US.

• An alliance of shrimp producers from eight US states has demanded the imposition of tariffs ranging up to 267%.

• The governments of China and some other countries criticized the decisions, but only Brazil has threatened to contest the ruling in the World Trade Organization if duties are indeed imposed.

• US companies that market, distribute and sell seafood said that the imposition of duties would hurt consumers of the US' most popular seafood by pushing shrimp prices up.

• Imposition of anti-dumping duties requires final affirmative determinations both from the Commerce Department that dumping occurred and from the US International Trade Commission (USITC) that the imports "injured or threatened" US industry.