New Delhi, April 14 -- India's seafood exporters are breathing a sigh of relief after US President Donald Trump temporarily paused a steep tariff hike on shrimp imports.
The move maintains a 10 per cent blanket tariff on all countries-except China, which now faces a 145 per cent duty.
This reprieve, announced on April 9 just a week after the proposed 26 per cent tariff, has prompted Indian exporters to restart shipments previously held back. The Seafood Exporters Association of India (SEAI) said around 2,000 containers-equivalent to 35,000 to 40,000 tonnes-are now being readied for export.
"There is a lot of relief now as we are at par with other exporters to the US," said SEAI Secretary General K N Raghavan. "Shipments that were held ...
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