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By EquityPandit

ECONOMY

India Plans to Export 40,000 Tonnes of Shrimp to US After Tariff Pause

Indian shrimp exports to the US currently face a total duty of 17.7%.

India’s seafood exporters are preparing to ship 35,000–40,000 tonnes of shrimp to the US after President Trump paused a 26% tariff hike on 9th April, reducing it to 10% and offering relief to the industry.

Around 2,000 delayed containers are now being readied for export under the revised tariff.

Indian shrimp exports to the US currently face a total duty of 17.7%, including countervailing and anti-dumping duties, which exporters typically bear under delivery duty-paid arrangements.

The 90-day pause allows existing orders to be fulfilled without extra costs.

The US remains India’s top shrimp market, and exporters are urging the government to push for fairer trade terms before the temporary relief ends.

Stay Ahead with Seafood Stocks. Ask the Analyst.

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