India’s seafood exporters are getting ready to ship 35,000–40,000 tonnes of shrimp to the US after President Trump paused a 26% tariff hike on ninth April, decreasing it to 10% and providing reduction to the business.
Round 2,000 delayed containers at the moment are being readied for export below the revised tariff.
Indian shrimp exports to the US at present face a complete obligation of 17.7%, together with countervailing and anti-dumping duties, which exporters sometimes bear below supply duty-paid preparations.
The 90-day pause permits present orders to be fulfilled with out additional prices.
The US stays India’s prime shrimp market, and exporters are urging the federal government to push for fairer commerce phrases earlier than the momentary reduction ends.
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