Shrimp trade with US hindered
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The United States yesterday announced anti-dumping duties on imports of Chinese shrimp as high as 113 per cent, a move that will hurt both US consumers and Chinese shrimp farmers, China Daily reported Thursday.
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The US textile industry officials would plead for blocking Chinese imports to the Bush administration this month. Earlier this year, the White House had rejected a similar request made by 130 Republican and Democratic members of Congress.
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The World Trade Organization on Wednesday held off approving stiff sanctions on US exports ranging from cod to mobile homes intended to punish Washington until it repeals the so-called Byrd amendment.
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The World Trade Organization has authorized punitive sanctions against US exports ranging from lobsters to crane trucks because Washington has failed to repeal the so-called Byrd amendment.
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WASHINGTON - The Commerce Department on Tuesday upheld a preliminary decision that Chinese and Vietnamese companies are dumping shrimp on the US market below cost.
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The US Commerce Department set final anti-dumping duties ranging from 2.35 percent to nearly 68 percent on Monday on shrimp from Thailand, Brazil, Ecuador and India, industry officials said.
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China has protested to the United States over its &quot;unacceptable&quot; blockade of fish and shrimp imports, a government website said on Saturday.
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Amid debate over trade sanctions, a little-known exception allows farm exports, like apples and milk.
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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 World Trade Organization gave the go-ahead Friday for punitive sanctions on US exports from lobsters to industrial equipment because Washington has yet to comply with a two-year-old order to repeal a trade law that uses penalties collected from
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Global Trade's Precarious Balance
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The World Trade Organisation (WTO) has said that the US should not have imposed import duties on South Korean memory maker Hynix. However, early indications suggest the US may be preparing to appeal against the judgement.
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OOSTDUINKERKE, Belgium  - As dying trades go, Belgium's horseback shrimp fishery must be among the most arcane and outdated.
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The huge US trade deficit narrowed in July as imports fell for the first time in 10 months. At $50.1bn, the gap remained the second largest on record.
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GENEVA, May 22 -- The Caribbean nation of Antigua and Barbuda is seeking compensation from the United States over its restrictions on Internet gambling sites based overseas, and on Tuesday asked other countries to join in as it targets Washington over its failure to comply with global trade rules.
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The Bush administration Tuesday upheld a decision to impose penalty tariffs on shrimp imported from China and Vietnam, handing a victory to beleaguered US shrimp producers from Florida and other states.
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Beijing this weekend urged Washington, DC, not to limit imports of Chinese cotton slacks. The Ministry of Commerce said such a restriction would violate World Trade Organization principles and hurt trade relations.