US reduces anti-dumping tariff on Vietnamese shrimp

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Báo QĐND English - 32 month(s) ago 5 readings

US reduces anti-dumping tariff on Vietnamese shrimp

Photo: hnm

The Department of Commerce (DOC) of the US has announced the sixth preliminary results of administrative review (POR6) on frozen shrimp imported from Vietnam in the period from February 1, 2010 to January 31, 2011. Accordingly, the Minh Phu and Nha Trang Seafood companies will enjoy the zero percent duty.

The 0.8 percent rate will be levied on Camimex alone and the 1.03 percent tax will be paid by others.

This is the third adjustment the DOC has made to its anti-dumping duties levied on Vietnamese shrimp so far.

According to US regulations, import businesses must pay their taxes in advance based on the previous administrative review and taxes will only be collected when a new administrative review is announced.

Source: VNA

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