US Court of International Trade Ruling Preserves Countervailing Duties on Vietnamese Shrimp
The US Court of International Trade (CIT) has upheld the Department of Commerce’s final determination imposing countervailing duties on Vietnamese shrimp. The January 8 decision keeps countervailing duty (CVD) rates at 2.84% for most Vietnamese exporters and 221.82% for one company, with importers required to continue depositing those duties alongside current antidumping tariffs.
The court rejected Soc Trang Seafood (STAPIMEX)’s challenge to Commerce’s subsidy finding and methodology, declining to overturn the agency’s judgment. The decision was successfully defended by...
To Read Full Story Login Below.