US President Donald Trump’s decision to impose a 50% tax on Indian seafood shipments has created a significant obstacle for the country’s shrimp exporters, who are now finding it hard to compete with rivals from Ecuador, Vietnam, and Indonesia. In response to this tariff shock, Indian exporters are exploring new markets and opportunities. One of the markets they are increasingly turning to is China. By redirecting their focus towards China, seafood exporters are hoping to offset the challenges posed by the US tariffs and find new avenues for growth and expansion.
Shrimp Shift: Indian Seafood Exporters Look to China After US Tariff Shock
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