Posted: Feb 1, 2011 5:44 PM
Source: Associated Press
NEW ORLEANS - U.S. shrimpers want the United States to extend tariffs imposed on shrimp imports from Asian and South American countries.
At a hearing Tuesday, the U.S. International Trade Commission began looking into whether the tariffs should be renewed five years after they were first imposed on shrimp imports from India, Thailand, Brazil, Vietnam and China.
The tariffs were imposed after the ITC found that imports had injured, or were likely to injure, U.S. shrimp processors and fishermen because imported shrimp was being dumped on the U.S. market at unfair prices and driving them out of business.
The ITC is expected to vote on extending the tariffs until 2016 in mid-March.