Trump Tariffs: Shrimp prices have fallen sharply due to the impact of Trump tariffs.

The impact of the tariffs imposed by the US on India is visible on the aqua sector in Andhra Pradesh . The US has imposed a 27 percent tariff on imports from India. This is negatively affecting the aqua sector in AP. The price of a kilo of shrimp has fallen by Rs 40, especially in the Bhimavaram region, where shrimp farming is prevalent. Fish and shrimp are mostly exported from Andhra Pradesh to the US. According to the details of the East Godavari District Fisheries Department officials, the US has imposed a 27% tariff on shrimp imported from India. The US is already collecting 5.7% countervailing duty (CVD) on Indian shrimp in addition to the anti-dumping duty. Officials say that if all these tariffs are added together, it will be almost 35 percent.

'Half of a lakh is taxes and expenses'
If the latest duties are included, a duty of Rs. 26,000 will now be paid to export shrimp worth one lakh rupees. It is estimated that if anti-dumping duty and countervailing duty are also included, more than Rs. 35,000 will have to be paid. This is in addition to transportation and packing costs. Some farmers said that half of a lakh rupees is being spent on these taxes and transportation costs.
"I have invested six lakhs so far this year. If I call the market after catching shrimp on Monday,40 rupees less per hundred countThey said. That is, they said that it was reduced in America. While farmers say that shrimp prices have decreased since last week due to the impact of the American tariff, small traders who sell shrimp in the market say that even though the price has decreased, they are not getting much bargains.

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