The US Department of Commerce (DoC) recently announced the preliminary results of the 13th Period of Review (POR 13), which reviewed the anti-dumping tariff on shrimp imports from Vietnam.
The DoC concluded that frozen shrimp products of two respondents of Sao Ta Foods JSC (Fimex VN) and Nha Trang Seaproduct Company did not violate anti-dumping regulations from February 1, 2017 to January 31, 2018.
Therefore, preliminary tariffs on those two companies and other 29 local shrimp exporters will stand at zero percent.
The preliminary tariffs serve as a foundation for Vietnamese exporters to obtain the lowest anti-dumping tariffs in the final results of the POR 13, helping the firms thrive in the US market.
With zero-percent antidumping tariffs, Vietnam’s shrimp industry will now have more competitive edge than some other countries in the US market and help to boost Vietnamese shrimp exports to the US.