New Delhi, April 3 -- India's shrimp, basmati rice, and buffalo meat exports to the US-a trade worth billions-face fresh uncertainty as President Donald Trump slaps a 26% "reciprocal tariff" on Indian imports. The move, part of Trump's "Liberation Day" economic plan, could erode India's price advantage, disrupt supply chains, and open the door for rival exporters from Vietnam, Thailand, and South America.
The US is India's top market for agricultural goods, with bilateral farm trade totalling $6.6 billion in 2024. India exported $5 billion worth of agricultural products, while imports stood at $1.5 billion. Now, with tariffs coming into force starting 9 April, exporters are bracing for a potential drop in shipments and market share losse...
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