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Analysis

US makes big reduction to preliminary CVD rates charged for Ecuador shrimp

Department of Commerce officials called parties involved to inform them they discovered an error made in calculating the illegal subsidies allegedly paid to Industrial Pesquera Santa Priscila, sources tell Undercurrent News

By Jason Huffman | April 20, 2024 00:32 BST
Shrimp farms owned by Ecuador's Industrial Pesquera Santa Priscila. Credit: Santa Priscila
Shrimp farms owned by Ecuador's Industrial Pesquera Santa Priscila. Credit: Santa Priscila
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The US Department of Commerce (DOC) is making significant reductions to the preliminary countervailing duty (CVD) rates it earlier announced for frozen warmwater shrimp imported from Ecuador, Undercurrent News has been informed by multiple sources [...]

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