US anti-dumps the world shrimp price

The Unit­ed States has announced its final assess­ments in the anti-dump­ing cas­es bought against Viet­namese shrimp. Announce­ments on imports from Ecuador, Chi­na, India and Thai­land are expect­ed soon. bq. In a final deter­mi­na­tion, the depart­ment fixed puni­tive anti-dump­ing duties in a range of 4.13 to 25.76 per­cent for Viet­namese imports, a sig­nif­i­cant reduc­tion from the upper 93 per­cent brack­et it had set in July. It also slapped hefty duties rang­ing from 27.89 to 112.81 per­cent on shrimp imports from Chi­na. Wash­ing­ton is expect­ed to announce sim­i­lar puni­tive action against shrimp from Brazil, Ecuador, India and Thai­land lat­er this month. (“AFP via Yahoo”:http://story.news.yahoo.com/news?tmpl=story&cid=1518&ncid=1518&e=19&u=/afp/20041204/bs_afp/vietnam_us_trade_shrimp_041204041151) The Unit­ed States, Aus­tralia, the EU and now a bunch of devel­op­ing coun­tries are ser­i­al anti-dumpers. This non­sense should stop; but there’s no signs of an out­break of com­mon sense on the horizion. On the con­trary, the U.S. Con­gress is appar­ent­ly pre­pared to wear “inter­na­tion­al sanction”:http://www.eurunion.org/news/press/2004/200400167.htm to keep its anti-dump­ing habit.

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