A federal trade agency has sided with Gulf of Mexico shrimp industry officials who are seeking an investigation into whether seven countries are unfairly subsidizing shrimp sold in the U.S.
The U.S. International Trade Commission determined Thursday that there is a "reasonable indication" that the domestic shrimp industry has been injured by subsidized imports from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam.
The Coalition of Gulf Shrimp Industries, which claims to represent processors and other industry interests in Louisiana and half a dozen other states, filed petitions Dec. 28 seeking tariffs or other trade actions against the nations.
The U.S. Commerce Department launched an investigation Jan. 18. The Trade Commission's 5-1 preliminary ruling Thursday allows the Commerce Department to expand that investigation, which is expected to lead to a preliminary decision by March 25.
A final decision by the Trade Commission is expected late this year. Commerce has not set a time frame for its final decision. Approval from both agencies is required before any trade actions are enacted.
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National Fisherman Live: 2/26/15
In this episode, National Fisherman's Online Editor Leslie Taylor speaks with Rick Constantine, vice president of marketing, Acme United Corporation, about Cuda corrosion resistant knives.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
Today Sen. Lisa Murkowski (R-AK) introduced legislation to extend a permanent exemption for incidental runoff from small commercial fishing boats.
The National Working Waterfront Network is now accepting abstracts and session proposals for the next National Working Waterfronts & Waterways Symposium, taking place Nov. 16-19 in Tampa, Fla. The deadline is Tax Day, April 15.Read more...