American Shrimp Processors Assn Launch Trade Petitions Addressing Unfair Dumping, Illegal Subsidies
Today, the American Shrimp Processors Association (ASPA) filed trade petitions seeking antidumping duties on imported frozen warmwater shrimp from Ecuador and Indonesia and countervailing duties on imported shrimp from Ecuador, India, Indonesia, and Vietnam. The U.S. shrimp market has been overwhelmed by massive quantities of underpriced shrimp imports, resulting in unsustainably low dockside prices, falling domestic market share, significantly lower profit margins, and historically high inventory levels.
Imports from the four countries were valued at over $6.6 billion in 2022, accounting for over 90 percent of all...
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