Aquaculture Sector in Andhra Pradesh Faces Crisis Over New US Tariff
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The aquaculture industry in Andhra Pradesh is bracing for a major setback as the United States, under President Donald Trump, has announced a 25 per cent tariff on Indian products, effective August 7.
This move will increase the total tariff burden on Indian seafood exports to the US to nearly 35 per cent, including an existing 5.77 per cent countervailing duty and a 3.96 per cent anti-dumping duty.
Members of the Seafood Exporters Association of India (SEAI) fear that this steep hike will severely affect shrimp farmers in...
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