US: Brazil OJ companies stung by tariff punishment
A US Department of Commerce (DOC) ruling is levying hefty retaliatory tariffs on several Brazilian juice companies. A preliminary DOC decision would see five companies paying punitive tariffs from 24.6% - 60.3% on future imports, because of earlier illegal trade practices.
The decision responds to a complaint filed by representatives of Florida's citrus producers, and several processors, which charged the companies - including Montecitrus Industria e Comercio, Sucocitrico Cutrale, and Fischer S/A-Agroindustria - with dumping during the 2003-04 season.
An International Trade Commission decision earlier this year ruled that the dumping harmed Florida growers.
Sectors: Soft drinks
The Port industry is currently facing a period of considerable change and adjustment. Innovation and evolving a modern, viable industry structure are seen as vital if Port is to compete effectively in...
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