Shrimp Prices Surge in US as New Tariffs on Indian Seafood Take Effect
President Donald Trump's tariff policy has started impacting shrimp prices in the US market, with a reported increase of 15-20 per cent. India's share of supply to the US shrimp market is nearly 45 per cent at a value of around $6 billion annually.
With the Indian shrimp facing a 50 per cent tariff, the US wholesale prices for popular white shrimp have risen to $6.25 per pound — a 21 per cent increase since April, said Shaji Baby John, Chairman and Managing Director...
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