New US probe of Thai shrimp | Bangkok Post: business

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New US probe of Thai shrimp

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  • Online news: Marketing
  • Writer: BangkokPost.com with Agency reports
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WASHINGTON - The US Commerce Department said Sunday it may impose duties on $4.2 billion a year in shrimp, more than half of it imported from Thailand, for allegedly getting unfair government subsidies. 

Shrimp in the US now typically come frozen, in a bag or box, from Thailand, with labelling in several languages for sale in Chinese-owned supermarkets and in Canada.

China, Ecuador, India, Indonesia, and Malaysia also are subject to possible penalties for "dumping" - selling shrimp in the US at prices below local markets. But Thailand, which supplies more a quarter of the US shrimp market, stands to suffer the most.

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