News
Anti-dumping duty on Indian shrimp import unlikely to impact shipment
19/03/2018
The recent threefold hike in anti-dumping duty (ADD) on Indian shrimp import by the United States is not likely to have much impact on shipment volume.The USA is the largest market for Indian seafood. The ADD has been raised on shrimp to 2.34 per cent, from 0.84 per cent. “It is definitely a matter of concern for exporters of seafood but it is not going to impact that heavily. If at all there will be any, it can be compensated by exporting to other countries.
Is China Discriminating against U.S. Firms Related to Technology Transfer, IP, Trade Secrets, and Innovation
16/03/2018
U.S. Trade Representative (USTR) Ambassador Robert Lighthizer initiated an investigation on August 18, 2017 pursuant to Section 301 of the Trade Act of 1974. The probe will determine whether acts, policies, and practices of the People’s Republic of China (PRC) related to technology transfer, intellectual property, trade secrets, and innovation are discriminatory towards U.S. firms by undermining the United States’ ability to compete fairly in the global market. Section 301 allows the President to retaliate by removing any act, policy, or practice of a foreign government that violates an international agreement.
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