US imposes 9.45% duty on shrimps from India
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KOCHI: In its final determination of antidumping duty, the US has imposed a duty of 9.45% on the export of shrimps from India. Though the final rate of duty is less than the preliminary rate of 14.2% announced
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Fed cracking down on securities manipulation US authorities have charged three Indian nationals for an elaborate pump-and-dump scheme that used hijacked brokerage accounts to manipulate the prices of 14 securities including Sun Microsystems and put options for Google.â¦
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Catfish, basa, shrimp, dace and eel from China will be allowed into the U.S. only if proven free of contamination.
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WASHINGTON The Bush administration today upheld the imposition of penalty tariffs on shrimp imports from Brazil, Ecuador, India and Thailand.
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It looks like the US has upheld its penalty tariffs on importing shrimp from Vietnam and China--to the relief of American shrimp producers and the detriment of consumers.
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The Bush administration on Monday upheld the imposition of penalty tariffs on shrimp imports from Brazil, Ecuador, India and Thailand.
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The U.S. Congress approved legislation Saturday allowing U.S. shipments of civilian nuclear fuel to India, handing President Bush a victory on a top initiative and setting up a major shift in U.S. policy. Critics said the measure would spark a nuclear arms race in Asia by boosting India's atomic arsenal.
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The United States on Friday welcomed as &quot;positive&quot; India&#39;s announcement that it would reduce some duties on alcoholic beverages following a WTO complaint.
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Vietnam seafood exporters and producers on Wednesday hailed a US decision to reduce tariffs on the communist country&#39;s shrimp exports, while neighboring China suffered a blow with steeper duties.
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A U.S. trade panel gave final approval on Friday to steep duties on imports of an industrial color additive from China and India that is used in paints, plastics and printing ink.
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The US Commerce Department imposed duties of as much as 113 percent on shrimp from China and 26 percent on those from Vietnam, siding with American harvesters and processors
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India slashed customs and excise duties on petroleum products on Wednesday in a bid to control rising inflation without hurting the profitability of oil firms.
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Pressure mounted to cut import duties on wine and spirits after the United States said it had joined the European Union in asking the World Trade Organization to intervene in the matter. Mariann Fischer Boel, the agriculture commissioner for the union, who was in New Delhi, was set to meet the Indian commerce minister, Kamal Nath, to press the issue. On Tuesday, the United States trade representative, Susan C. Schwab, said Washington had filed a complaint with the W.T.O. on the tariffs, which are seen abroad as unfair trade barriers. Indiaâs basic import duties of 100 percent on wine and 150 percent on spirits are within the W.T.O. limits, but federal surcharges and state-level taxes take the tariff up to 540 percent in some cases.
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Foreign shrimp producers have denied they are selling shrimp at artificially low prices as a way to win a larger share of the US market.
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The World Trade Organization authorized the European Union and seven other nations yesterday to impose more than $140 million in punitive duties on American goods, on the grounds that Congress has failed to repeal a controversial anti-dumping law.
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Federal trade officials Tuesday announced final tariffs on shrimp from China and Vietnam, affirming US shrimpers&#39; claims that exporters in those countries have dumped their product in the United States at artificially low prices.
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Some 42 consignments of frozen food items, mostly shrimp, from Bangladesh have been refused entry into the US market by Washington-based Food and Drug Administration (FDA) on health ground.