Lawmakers backing ITC approval of antidumping duties
by For the MBJ
Published: March 15,2011
WASHINGTON — U.S. Senators Thad Cochran and Roger Wicker (R-Miss.), along with Congressman Steven Palazzo (R-Miss.), today praised U.S. International Trade Commission (ITC) approval of a five-year extension of antidumping duties that they say have served to protect the U.S. shrimp industry from unfair import practices.
Cochran, Wicker and Palazzo were among the lawmakers who earlier this year urged the ITC to continue antidumping duties on frozen warmwater shrimp imports from Brazil, China, India, Thailand and Vietnam. The ITC voted 5-1 today to extend the current duties until 2016 on all five countries.
The Mississippi lawmakers, in communications with the ITC, argued that the antidumping duties initially imposed in 2005 continue to be needed to protect the Gulf Coast shrimp industry.
Cochran and Wicker appeared at an ITC hearing Feb. 1 to testify that the duties have been effective in fostering price stability and industry investment. Palazzo was one of four members of the House of Representatives who wrote the ITC in late January to express their strong support for the continuation of the antidumping duty orders.
Source: Office of Sen. Thad Cochran
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- MDA introduces new 'Mississippi Homecoming' tourism ad campaign
- MSU Foundation names five new members
- Crowded field lines up for Jackson mayoral election
- Another fiberhood qualifies for C Spire 1-gigabit Internet service
- Cochran questions nominee concerning Stanford ponzi scheme
- DMR pays accounting firm more than double contract's worth
- George’s Girls put shopping skills to work
- Reactive Surfaces files lawsuit against Toyota in patent dispute
- Following ruling, Entergy to hand over records to county