India’s Shrimp Exports to Decline 15–18% Amid Trump Tariff Hike; $5 Billion Trade Faces Pressure: Crisil
India’s shrimp export industry is bracing for a sharp contraction of 15–18% in FY26 following the United States’ decision to hike import tariffs to a staggering 58.26% from August 27, 2025. According to a detailed report by Crisil Ratings, the move threatens nearly $5 billion worth of annual trade, with the US accounting for 48%…