US Lower Shrimp Tariffs
The United States Department of Commerce (USDOC) has reduced the anti-dumping tariff on shrimp imported from Indonesia, but an Indonesian industry group bemoans unequal treatment among exporters and wants the tariff dropped altogether. The US is a key market for Indonesian shrimp producers, and the move to lower the tariffs comes just a few weeks before President Prabowo Subianto is due to visit Washington, DC, as part of a trip that will take the newly installed President to several countries. Frozen warmwater shrimp from Indonesia have been subject to duties in the US for a year based on a preliminary assessment following a petition filed by a US business association. The USDOC has now reduced the anti-dumping tariff imposed on shrimp from Indonesia to 3.9 percent from 6.3 percent, applicable on Oct. 28, but eliminated it completely for just one exporter.
Biden Congratulates Prabowo
“I congratulate President Prabowo Subianto on his inauguration as President of the Republic of Indonesia, and the Indonesian people for exercising their right to vote and making their voices heard.
This year, Indonesia and the United States are celebrating 75 years of diplomatic relations. Vice President Harris and I look forward to working with President Prabowo to honor this milestone by continuing to strengthen our Comprehensive Strategic Partnership and show that democracies can deliver on the challenges that matter most to our peoples’ lives. (White House, October 20, 2024)”
This year, Indonesia and the United States are celebrating 75 years of diplomatic relations. Vice President Harris and I look forward to working with President Prabowo to honor this milestone by continuing to strengthen our Comprehensive Strategic Partnership and show that democracies can deliver on the challenges that matter most to our peoples’ lives.” (White House, October 20, 2024)