
India’s shrimp exports set to fall 15-18% amid Trump tariff hike; $5 billion trade at risk: Crisil
Indian shrimp exports are expected to decline by 15-18 per cent this fiscal year after a steep hike in US import tariffs, according to a Crisil Ratings report. The increase, which took effect on August 27, has raised the overall duty burden on Indian shrimp entering the US to 58.26 per cent. The ratings agency…