News
US cuts dumping duty on shrimp 40%
10/03/2011
Anti-dumping duty on shrimp exports to the US reduced by 40% with the US department of commerce (USDOC) reducing the effective duty for India to 1.6% from the earlier 2.67%. This relief comes after the seafood sector suffered successive setbacks last year when the US agency increased the anti-dumping duty by a whopping 300% and decided on extending the anti-dumping duty for another five years.
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