Chilean Salmon

On June 2, 1998, the U.S. Dept. of Commerce announced that three of five Chilean salmon farming operations investigated were determined to be "dumping" farmed Atlantic salmon on the U.S. market at below-market prices. Previously imposed anti-dumping duties would be increased on two of the Chilean operators, while the third would pay anti-dumping duties for the first time. A 5.19% anti-dumping duty would be imposed on all other operators. However, no countervailing duties would be imposed. Before the anti-dumping duties can be imposed, the International Trade Commission will decide, by July 15, 1998, whether dumping actually has injured U.S. salmon producers. [Dow Jones News, United Salmon Assoc press release, Assoc Press]