ITC reviews anti-dumping rate for US catfish export
The US International Trading Commission is reconsidering the anti-dumping tax rates that apply to Vietnamese frozen tra and basa catfish, said Nguyen Thai Phuong, head of the Viet Nam Association of Seafood Exporters and Processors (Vasep) Information Centre.
Every five years, the commission examines whether or not Viet Nam’s frozen catfish exports to the US have been ‘dumped’ on the US market and sets retrospective tax rates on a company-by-company basis.
Anti-dumping taxes have been imposed by the US Department of Commerce (DoC) on Vietnamese frozen catfish exports to the US since August 2003.
In March, the DoC abolished the 14.59 per cent anti-dumping rate for Dong Thap Food Ltd Company’s frozen tra and basa catfish products, said Vasep.
This week, the DoC imposed a rate of 31.68 per cent on Anvifish and 15.38 per cent on Vinh Quang/New Century Trading Co. The average rate for Vietnamese tra and basa exporters was 63.88 per cent.
The average rate is applied retrospectively to revenue for exports shipped to the US between August 1, 2006 and January 31, 2007.
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