Archive · 19 Aug 2025
US Tariffs Threaten India's $7 Billion Seafood Industry
The United States is charging a 50% tax on seafood India sells to them.
This is because of India's trade with Russia.
This makes it harder for Indian companies to sell their seafood in the US, especially shrimp.
It's also making it harder for fishermen in India to make money.
The US buyers have paused orders, causing storage issues.
The Indian seafood industry is now trying to find other countries to sell to and asking for financial help from their government.
The US is imposing a 50% tariff on Indian seafood exports due to trade practices.
The tariff affects $2.8 billion of seafood exports, impacting the livelihoods of nearly 28 million people.
Shrimp is India's largest seafood export, and the new tariffs significantly impact its farmers and exporters.
Indian exporters are struggling with decreased orders, warehouse pile-ups, and a cash crunch.
Industry seeks government support, including working capital and loan relief, while seeking new markets.
- Who
- The US government, Indian seafood exporters, and fishermen.
- What
- The US imposed a 50% tariff on Indian seafood exports.
- When
- The new duties are set to begin on August 27.
- Where
- The United States.
- Why
- Due to India's trade practices related to Russian oil.
Indian Seafood Industry
US Government
Impact of Tariffs
Indian Seafood Industry
The tariffs are significantly harming the industry due to decreased US orders.
US Government
US Government
Needed Support
Indian Seafood Industry
The industry needs financial assistance such as working capital support and loan moratoriums.
US Government
US Government
- Tariff Rate
- 50%
- Affected Exports
- $2.8 billion
- Effective Date
- August 27
- Affected Industry
- Indian seafood
- Primary Export
- Shrimp
- Seeking Support
- Governmental ad hoc working capital
Sources
Coir exporters seek govt support to counter US tariff on imports from India
India blinks, removes duty on cotton imports in trade thaw with US
Indian exports worth $48.2 bn to face 50% tariff after Trump’s order: Govt in Lok Sabha
Trump’s 50% tariffs to affect Indian exports worth $48 billion, says Centre
A 50 per cent duty would knock you out of the park, says Wheels India MD
