Saturday, September 21, 2013

US Rescinds Tariffs on Ecuador Shrimp

In this post last month, I speculated that tariffs imposed on imports of Ecuadorian shrimp by the US might have been retaliation for Ecuador’s offer of asylum to Edward Snowden.

Whether or not that was the case, the tariffs, which had been imposed as a penalty for dumping by Ecuador, have been withdrawn.
The U.S. International Trade Commission (ITC) has dropped countervailing duties on imports of shrimp from Ecuador, local media reported Friday. 
In a divided vote, the ITC ruled that the Coalition of Gulf Shrimp Industry, the complainant, failed to present a strong enough case that it suffered from cheap imports of frozen shrimp from Ecuador as well as four other nations.

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