US to levy anti-subsidy duties on Chinese shrimps
Updated: 2013-08-14 16:28
(chinadaily.com.cn)
|
||||||||
The US Commerce Department ruled on Tuesday that China and four other countries have been receiving subsidies for their shrimp product exports to the US.
The ruling applies to shrimp imports from China, India, Ecuador, Malaysia and Vietnam. The US International Trade Commission will evaluate whether the alleged subsidies have threatened shrimp businesses in America, and if proven, tariffs of up to $1.7 billion will be imposed on shrimp imports from the five countries.
Prior to the ruling, China had voiced objections, saying anti-subsidy tariffs would go against the rules of the World Trade Organization.
The US imported 1.18 billion pounds (531 million kg) of shrimp, with 118 million pounds domestic output last year, according to Urner Barry, a food industry research agency.
- Huawei unveil Ascend P6 smartphone in Vienna
- That's one cool game of mahjong
- Isinbaeva leads harvest day for host Russia
- Perseid meteor shower puts on show in night sky
- Bird flu, slowdown hit sales at fast-food chains
- PetroChina poised to dominate Iraqi oil
- Marriage attitudes slowly change
- On frontline of fight against crime
Most Viewed
Editor's Picks
Sex offenders prey on left-behind kids |
Handpicked city guides for 72 hrs visa-free transit |
3-D printing adds wings to aviation |
Summer Guide Special |
New lease on life for tulou |
Urban push |
Today's Top News
China investigating carmakers over pricing
Asiana payments just the beginning: experts
US envoy on DPRK to visit China, ROK, Japan
Brazil demands clarifications on NSA surveillance
2nd-generation ID cards to include fingerprints
Donors of organs easing transplant shortages
Chinese students boost boarding business in US
TCM chain probed after illegal house exposed
US Weekly
Geared to go |
The place to be |