‘No One Will Purchase’: Andhra Shrimp Farmers Fear They Could Get Priced Out of US Market
Andhra Pradesh’s shrimp farmers are bracing for the impact of US tariffs that will touch 59.72% after US President Donald Trump announced 25% additional tariffs over and above the 25% announced earlier, as well as the 5.76% countervailing duty and 3.96% anti-dumping duty.
“If the US decides to go ahead with the additional 25% tariffs, many shrimp farmers will be forced to close down or cultivate other species that do not yield such high profits,” said S Lal Mohammad, joint director (aquaculture)...
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