“Until last week, we were really worried about that 100% tariff. Last evening’s announcement was a quick relief,” said Thota, whose company, Jagadeesh Marine Exports, counts the US as its largest market for shrimp and other seafood exports. “We got a bit of relief, but we are not fully comfortable because every day some new things keep coming up,” he added. In many ways, Thota’s sentiments reflect the mood across India’s $8.28-billion seafood export industry. Over the past year, Trump has threatened India with tariffs ranging from 10% to as high as 100%, including punitive duties linked to its purchases…
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