In this final determination, DOC states Vietnamese shrimp producers and processors have received subsidies from the Government, unchanged from its preliminary determination. However, the anti-subsidy tariffs it levies on most Vietnamese shrimp exporters are reduced from the levels given in the preliminary determination published this May.
Only Minh Quy Company, a subsidiary of Minh Phu Seafood Corporation, is charged a higher tariff, 7.88%, versus 5.08% in the preliminary determination. Nha Trang Seafoods Company is subject to a rate of 1.15%, a drop from 7.05% previously, while all other companies are imposed 4.52%, down from 6.07%.
However, whether Vietnamese frozen shrimp will officially be liable to anti-subsidy duties or not depends on the determination of the U.S. International Trade Commission (ITC), which will come out on October 3.
If ITC determined that subsides for Vietnamese shrimp had materially injured the domestic industry, then this item would be officially slapped anti-subsidy duties and deposits would be collected. If ITC determination was negative, the case would end and deposits would be returned.
As per the final determination of DOC, Indonesia and Thailand are exempt from anti-subsidy duties and shrimp exporters in these two countries will be reimbursed the deposits they previously placed pursuant to the preliminary determination. Meanwhile, anti-subsidy tariffs charged on other defendants are very high, such as 18.16% on China, 54.4% on Malaysia and 11.68% on Ecuador.