US tariffs likely to impact Indian seafood shipments adversely: Exporters

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Amaravati, April 6: Seafood Exporters Association of India (SEAI) president G Pawan Kumar on Sunday said the reciprocal tariffs announced by US President Donald Trump will have a severe adverse impact on Indian seafood exports to the US market, whose value stands at USD 2.5 billion in 2023-24. Out of the total seafood exports to the US, shrimps accounted for the lion's share of 92 per cent and India is the largest supplier of shrimps to the US, Kumar said. "This tariff will hurt all stakeholders in the value chain and cause all round distress," Kumar told PTI. The county...