LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal 
Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges 
Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift 
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility 
SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows 
Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy 
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions 
Kakaku.com Stock Surges on EQT Takeover Interest Amid Rising Japan Deal Activity 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
WASHINGTON, March 31, 2017 -- “We are very pleased that President Donald Trump has taken major action today to strengthen U.S. trade enforcement,” said American Shrimp Processor Association Executive Director Dr. David Veal. “Making it harder for foreign companies to evade legally required duties helps to level the playing field for U.S. companies like ASPA members against unfair foreign competitors,” he added.
“For imported shrimp and many other imported products covered by orders, there have been problems with importers disappearing or not paying duties found owed. Under this order, Customs and Border Protection will have 90 days to devise a plan to protect the revenue where importers pose risks by requiring additional bonding or other security,” said ASPA Gulf Trade Counsel, Eddy Hayes. “Ensuring that high risk importers cannot import dumped or subsidized imports and then escape liability for duties owed is an important step towards improving the effectiveness of U.S. trade remedies,” he commented.
“In an industry like shrimp, where small, family-owned American businesses have to compete with large volumes of unfairly traded imports, foreign duty evasion is a perennial and widespread problem,” commented Dr. Veal. “When this order is implemented, duty collection should immediately improve. That means the competitiveness of our U.S. shrimp industry improves and our ASPA members can create more jobs.”
The American Shrimp Processors Association (ASPA), based in Biloxi, Mississippi, was formed in 1964 to represent and promote the interests of the domestic, U.S. wild-caught, warm water shrimp processing industry along the Gulf Coast with members from Texas, Louisiana, Mississippi, Alabama and Florida. We are the collective voice of the industry, and our focus is to promote the interests of shrimp processors, other segments of the U.S. domestic wild-caught shrimp industry and the general public.
Contact: Dr. David Veal Executive Director, American Shrimp Processors Association (228) 806-9600 [email protected] Eddy Hayes, Legal Counsel, American Shrimp Processors Association (504) 585-7500 [email protected]
