Corporations Make Jumbo Profits from Shrimp
New Analysis Demonstrates that Middlemen Extract from Consumers Exorbitant Profits of More Than $4.2 Billion a Year by Exploiting Dumped Imports, While Retail Prices Remain High Washington, DC– Shrimp middlemen extract from consumers more than $4.2 billion a year above and far beyond what even the seafood industry concedes is a “reasonable” estimate for expenses and profit. The analysis conducted […]
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Shrimp Importers Studies Discredited
Tarpon Springs—This month, the Consuming Industries Trade Action Committee announced the creation of an interactive map to show the number of jobs that purportedly “are put at risk” by enforcement of U.S. trade laws. The Southern Shrimp Alliance notes that the information is extremely misleading and that the public, policymakers, and the media should not accept this report at face […]
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U.S. Consumers Eating and Paying More for Shrimp
Tarpon Springs, FL- Despite the glut of low priced shrimp imports, consumer prices for shrimp have skyrocketed since 2000. A study from Food Beat, Inc. finds prices seldom decreased for any type of consumer shrimp item between 2000 and 2003 despite the abundance of low priced shrimp. Instead, Food Beat has reported that a shrimp entrée at Landry’s Seafood House […]
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Southern Shrimp Alliance Statement Regarding CITAC’S Press Conference
Washington, DC – The Consuming Industries Trade Action Coalition (CITAC), a coalition of importers and trade associations that aims to weaken U.S. trade laws, announced its opposition to the shrimp antidumping cases before the Department of Commerce and the International Trade Commission. Eddie Gordon, President of the Southern Shrimp Alliance issued the following statement: It is disappointing, but not surprising, […]