December 3, 2024 — South Carolina shrimpers will begin to feel some relief from the pressures of cheap, imported frozen shrimp.
The U.S. International Trade Commission and the Department of Commerce will impose added taxes on the seafood product that’s flooded the market in recent years.
For shrimpers, it’s a welcome reprieve from the years of price gouging that’s run many fishermen out of business.
For consumers, it can mean higher prices on the frozen warmwater shrimp commonly found at grocery stores like Walmart and Costco.
The influx of imported frozen shrimp and unfair trade practices have injured the domestic shrimping industry, the United States International Trade Commission ruled in November.