The U.S. Brings Down Dumping Duty for Thai Shrimp

The United States has lowered its anti-dumping duty on Thai shrimp, which will facilitate market access after Thailand has faced tough competition with export rivals for many years.

The levy reduction came after the World Trade Organisation's ruling that the US was breaching the trade body's regulation on calculation of duties against unfair prices.

The Thai Foreign Trade Department yesterday reported that the US had reduced the duty for the fifth time since the WTO ruling.

The anti-dumping duty has been reduced from 1.11-4.39 per cent last year to 0.41-0.73 per cent at present.