The US Department of Commerce (DOC) has announced it will continue to levy anti-dumping taxes on frozen warmwater shrimp imported from Vietnam.

Vietnamese shrimp exporters will pay taxes ranging from 4.3% or 5.24% to as much as 25.76%.

Vietnamese shrimp exporters will pay taxes ranging from 4.3% or 5.24% to as much as 25.76%.

According to the DOC’s ‘Sunset’ review at the end of November, Vietnamese exporters will pay taxes ranging from 4.3% or 5.24% to as much as 25.76%.

The reason for the DOC’s move is that the removal of anti-dumping taxes on Vietnamese frozen shrimp may lead to a recurrence of dumping.

The World Trade Organization (WTO) stipulates that after every five years of anti-dumping taxes, the authorities of the importing country must conduct a Sunset review in order to check if the abolishment of anti-dumping taxes on imports could impact or cause losses to domestic manufacturing industries.

According to the WTO’s regulations, if no impact is found or if the losses are insignificant, then the anti-dumping taxes must be abolished.

With this decision from the DOC, Vietnam will need to wait at least another five years to have these anti-dumping taxes removed while it continues to sue the US through the WTO.

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