US hikes anti-dumping duty three-fold on Indian shrimps, exporters in tizzy

The move come at a time when senators are blaming Indian exporters for shipping heavily subsidized shrimps

The United States of America, the largest market for Indian seafood, has enhanced the anti-dumping duty on the shrimps to 2.34 per cent from 0.84 per cent putting exporters in a tizzy.

The Department of Commerce (DoC) has  preliminarily determined that certain frozen warmwater shrimp from India is being sold in the United States at less than normal value during the period of review (POR) February 1, 2016 to  January 31, 2017.

While the rate for Devi Fisheries, one  of the largest seafood exporters in the country, has been set at 2.34 per cent, for Liberty Group it