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India Politics

India’s Shrimp Industry in Crisis as US Tariffs Double to 50%

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1Nojor Desk
  • 12 Aug 25
  • 11:29 PM

India’s shrimp export sector, a major agricultural industry, faces a severe crisis after the US doubled retaliatory tariffs from 25% to 50%. Exports to the US have sharply declined, with this year’s shipments stuck at $50 million compared to $2.8 billion in 2024. Competitor countries like China and Vietnam benefit from lower tariffs. Indian exporters seek urgent government aid, including loans and subsidies. Experts warn that without swift action, the industry’s future and millions of coastal jobs are at risk.

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Jugantor 12 Aug 25

India’s Shrimp Sector Faces Crisis Amid US Tariff Hike

India’s shrimp industry, one of the country’s largest agricultural export sectors, is currently facing an unprecedented crisis. The United States has doubled its retaliatory tariffs from 25% to 50%, putting this vital sector at the brink of disaster. The Seafood Exporters Association of India has already reached out to the Ministry of Commerce and Industry, urgently requesting financial assistance.

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