India’s Shrimp Exports Face Global Pressure as U.S. Prices Spike | Nitin Awasthi | Business　 #ETNOW

India’s shrimp industry faces a major challenge as the U.S. imposes a 50% tariff on shrimp imports from India. Prices of peeled tail-on white shrimp have surged 21% since April, climbing to $6.25 per pound.
In conversation with ET Now, Nitin Awasthi of InCred Research explains the impact on exporters, how the U.S. market shortage is reshaping global trade flows, and how new trade deals with Switzerland, Norway, and Iceland could open fresh opportunities for India’s seafood industry.

#shrimpindustry #indiashrimp #usatariff #seafoodtrade #indiatrade #exportnews #nitinawasthi #incredresearch #etnow #shrimpprices

control your money with economic times now.

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