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Tag Archives: subsidy

Commerce finds subsidized shrimp imports hurting local shrimpers

GULF OF MEXICO — U.S. Sen. Thad Cochran (R-Miss.) is supportive of the U.S. Department of Commerce taking the next steps to ensure that the shrimping industry on the Gulf Coast is protected from unfairly subsidized shrimp imports. Earlier this week, the Commerce Department’s International Trade Administration announced preliminary affirmative countervailing duty (CVD) determinations on frozen warmwater shrimp imports, indicating ...

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Study says Nissan subsidies total $1.33B; MDA says overestimated

CANTON — A study paid for by the United Auto Workers finds state and local governments may provide Nissan Motor Co.’s Mississippi plant with nearly $850 million in tax breaks over 30 years, plus $400 million in cash aid. The report estimates Mississippi will pay $90 million in interest on money borrowed to aid Nissan, bringing total subsidies to $1.33 ...

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Cochran supporting Commerce's decision on imported fish

WASHINGTON — U.S. Sen. Thad Cochran (R-Miss.) is welcoming a U.S. Department of Commerce antidumping decision that he says will give farm-raised catfish producers in Mississippi and the nation “some relief from unfair, low-priced foreign imports.” Undersecretary of Commerce for International Trade Francisco Sánchez late last week informed Cochran that the U.S. Department of Commerce had completed its latest antidumping ...

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Expert again warns city of dropping traffic at airport

TUPELO — An airline industry expert has renewed warnings to Tupelo officials that the local airport could lose federal subsidies if the number of commercial air travelers remains low. The comments from Mike Mooney of Sixel Consulting Group came during a meeting that gave stakeholders in the Tupelo Regional Airport a chance to get a progress report on operations, finances ...

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ITC rules domestic shrimpers injured by subsidized imports

BILOXI — The U.S. International Trade Commission (ITC) determined that there was a reasonable indication that the domestic shrimp industry is injured by subsidized imports of shrimp from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam, according to the Coalition of Gulf Shrimp Industries (COGSI). COGSI filed petitions seeking relief from subsidized shrimp imports on Dec. 28, 2012. The Commerce ...

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Federal officials investigating subsidized shrimp imports

GULF OF MEXICO — The U.S. Commerce Department says it is investigating subsidies in seven nations for frozen warmwater shrimp. Gulf of Mexico shrimp processors had asked for the investigation of subsidized imports from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam. “We continue to believe that the long-term survival of the entire Gulf shrimp community is at stake with ...

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Shrimpers petition for relief from subsidized imports

GULF OF MEXICO — Shrimpers have filed petitions with the federal government seeking relief from subsidized shrimp imports. The move came several weeks after Gulf of Mexico shrimpers hailed a House bill that included a provision to increase U.S. Customs and Border Protection’s powers to combat illegal imports. The Coalition of Gulf Shrimp Industries filed the petitions, which seek “countervailing ...

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