The U.S. Department of Commerce announced a partial cancellation of the antidumping duty order on certain frozen fish fillets from Vietnam, specifically for Vinh Hoan Corporation. This change comes after a January 17, 2025, agreement between the U.S. and Vietnam to resolve a dispute at the World Trade Organization. The revocation applies to fish produced and exported by Vinh Hoan from August 1, 2021, onwards, meaning these products won't incur antidumping duties and past entries will be processed without those duties. The decision ends further administrative reviews for these specific goods in future periods.
Simple Explanation
The U.S. government decided not to charge extra fees, called antidumping duties, on certain fish sold by a company in Vietnam because they made an agreement about this. This means the company doesn't have to pay those fees anymore for fish they've already sent and will send in the future.