How Indian Seafood Exports Turned the Tide After US Tariffs
Despite 50 per cent American tariffs, Indian seafood exports increased by 11.6 per cent year-on-year between April and October, according to data from the Ministry of Commerce and Industry.
US President Donald Trump has imposed 50 per cent tariffs on India — making the country the most heavily tariffed in the world. These tariffs began taking effect in August. From the outset, seafood exports —particularly shrimps— were expected to be the hardest hit.
But it now appears that Indian exporters have weathered the storm so far...
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