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In troubled waters: Trump’s tariffs threaten India’s shrimp lifeline

Economic Times LogoEconomic Times15h ago

In troubled waters: Trump’s tariffs threaten India’s shrimp lifeline - Economic Times

Quick Summary:

Trump’s tariffs to hit Indian shrimp processors and farmers hard, given that the US accounts for 41% of India’s shrimp exports.

For India’s shrimp exporters, reducing dependence on the US and exploring other favourable markets, such as China, Japan, and Korea, may serve as a long-term strategy.

Value-added shrimps include shrimps that have undergone various processing steps, such as having their heads or tails removed, being cooked or being peeled, to enhance their appeal.“The US imports a lot of value-added products for which Ecuador lacks the necessary infrastructure to operate on a large scale; that is the only last ray of hope for the Indian industry today,” he said.

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Article Details

Author / Journalist: Garima Bora

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 09:59:07 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 2224 words

Reading Time: 13 minutes read

Sentences: 67 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 28165777

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About Economic Times

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 8 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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