New Delhi, April 5 -- India's shrimp industry has entered its second day of disruption as exporters and farmers grapple with the fallout from newly imposed US tariffs.
The move by the US, India's largest shrimp export destination, has triggered uncertainty in trade relations and cast a shadow over future contracts.
Traders are increasingly concerned that American buyers may back out of long-term agreements, potentially causing an estimated loss of nearly USD 1 billion.
Exporters warn that the sudden imposition of tariffs could make Indian shrimp less competitive in global markets, leading buyers to shift to alternative suppliers like Ecuador or Vietnam.
At the heart of the crisis is the Vannamei shrimp, the most widely exported variet...
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