US tariff hits Andhra’s shrimp exports: Prices dip 10-15% as aqua farmers feel the pinch
Sunday, 6 April 2025 ()
The peak harvesting season for aqua farming in Andhra Pradesh, which significantly contributes to India's seafood exports, is being disrupted by a new 26% US tariff. Prices of aqua products have declined by 10-15%, with key varieties like the 100-count Vannamei shrimp dropping to Rs 200 per kilogram. Farmers are feeling the strain as processing plants reduce prices.
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