Industry group protests US tariff on Vietnam tra fish

TN News

Email Print

The Vietnam Association of Seafood Exporters and Producers said Thursday it opposed the preliminary anti-dumping tariffs which the US imposed on Vietnamese frozen tra fish fillets.

According to the association, the US Department of Commerce's decision unreasonably based the tariffs on production prices in the Philippines--a country with an exceptionally small tra fish industry. The tariffs amount to more than 100 percent of the sales price.

Production prices in the Philippines are always higher than in Vietnam, which has the largest tra fish sector in the world with an output of more than 1.2 million tons a year, the seafood association said.

The association demanded that the US Department of Commerce consider lowering the tariffs and use Bengladeshi prices as a point of comparison.

Vietnamese tra fish products rank in the top ten favorite commodities in the US. Vietnam exported around 41,000 tons of tra fish worth US$134 million to the US last year. The sales accounted 6.75 percent of its total tra exports around the world.

Previously, the US Department of Commerce applied low anti-dumping tariffs of up to 0.52 percent on Vietnamese tra.

More Business News