How Indian seafood exports turned the tide after US tariffs

Despite 50 per cent American tariffs, Indian seafood exports increased by 11.6 per cent year-on-year between April and October, according to data from the Ministry of Commerce and Industry. US President Donald Trump has slapped 50 per cent tariffs on India — making the country the most tariffed in the world. These tariffs started coming into effect in August. From the onset, seafood exports —particularly shrimps— were supposed to be the most affected. But it now appears that Indian exporters have weathered the storm so far. India seeks new export markets make-up for loss of US market The key to…