{"id":11718,"date":"2025-07-31T14:59:05","date_gmt":"2025-07-31T14:59:05","guid":{"rendered":"https:\/\/www.expanamarkets.com\/?post_type=insight&#038;p=11718"},"modified":"2026-02-25T15:33:04","modified_gmt":"2026-02-25T15:33:04","slug":"trump-targets-india-americas-largest-shrimp-source-with-25-import-tariff","status":"publish","type":"insight","link":"https:\/\/www.expanamarkets.com\/insights\/article\/trump-targets-india-americas-largest-shrimp-source-with-25-import-tariff\/","title":{"rendered":"Trump Targets India, America\u2019s Largest Shrimp Source, With 25% Import Tariff"},"content":{"rendered":"\n<!-- .module.article-rich-text: start -->\n<div id=\"\" class=\"module article-rich-text pt-32 md:pt-48 xl:pt-56 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block [p_+_p]:mb-24\">\n\t<p>President Donald Trump announced that all products imported into the United States from India will face a 25% tariff starting August 1, injecting new uncertainty for America\u2019s largest <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.expanamarkets.com\/markets\/protein\/seafood\/shrimp-prices\/\">shrimp<\/a><\/span> supplier.<\/p>\n<p class=\"mb-2 whitespace-pre-wrap\">Trump also said India will face an additional penalty for its purchases of military equipment and energy from Russia, according to a post on his social media accounts. He did not provide further details on what the penalty might include.<\/p>\n<p class=\"mb-2 whitespace-pre-wrap\">\u201cRemember, while India is our friend, we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the world, and they have the most strenuous and obnoxious non-monetary trade barriers of any country,\u201d Trump wrote on Truth Social.<\/p>\n<p>The 25% tariff rate is a touch lower than the 26% rate Trump initially slapped on India earlier this year. However, comments made earlier this week indicated Trump was weighing a rate between 20-25%, so the final number ended up at the higher end of his range.<\/p>\n<p>In 2024, India was the third-most valuable seafood importer, shipping $2.5 billion worth of seafood, according to Expana\u2019s Foreign Trade Data platform. India is the United States\u2019 top supplier of shrimp, so the 25% tariff rate adds uncertainty to the market, according to Expana\u2019s Jim Kenny.<\/p>\n<p>India shipped over 648 million pounds of shrimp valued at over $2 billion in 2024. Ahead of the new tariff rate, Expana\u00a0noted\u00a0that India was closely monitoring the US&#8217;s handling of\u00a0countervailing duties (CVD) and anti-dumping duties (ADD) on shrimp imports from India.<\/p>\n<p>Last month, Expana\u2019s Fabienne O&#8217;Donoghue\u00a0<a href=\"https:\/\/app.expanamarkets.com\/en\/article\/724429\"><span style=\"text-decoration: underline;\">explored<\/span><\/a> (customer access only) India&#8217;s shrimp exports from January to April. Exports to the US increased by 12.1% in the first third of the year, linked to dynamic shrimp replenishment in Q1 and a surge in imports following the extension of tariff exemptions in April. At the time, exporters had all eyes on the potential tariff situation with their long-standing shrimp destination.<\/p>\n<p>India\u2019s tariff rate, although elevated, didn\u2019t land significantly higher than other key shrimp-producing countries. Indonesia was\u00a0slapped\u00a0with a 19% tariff rate (3<sup>rd<\/sup>\u00a0largest supplier), and Trump\u00a0imposed\u00a0a 20% rate on Vietnam (4<sup>th<\/sup>\u00a0largest supplier). India&#8217;s top competitor, Ecuador, faces a 10% tariff currently.<\/p>\n<p>Expana\u2019s shrimp market reporter Angel Rubio noted in recent commentary that ongoing tariff-related headwinds are driving future replacement costs higher, leading to a firm undertone across categories, even with flat demand.<\/p>\n<p>In June, Reuters published a story highlighting the impact tariffs already had on Indian shrimp farmers.<\/p>\n<p>&#8220;Already I am struggling, just somehow managing,&#8221; an Indian shrimp farmer told Reuters. &#8220;If I shut down my farm, the idle ponds and machinery will be ruined, and restarting will become more difficult.&#8221;<\/p>\n<p>To keep on top of tariff changes, how they could impact your business and how to respond to upcoming changes, sign up to our weekly\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.expanamarkets.com\/weekly-tariff-talk-subscription\/\">Tariff Talks<\/a><\/span>\u00a0rundown.<\/p>\n<p>Image source: Getty<\/p>\n<p>&nbsp;<\/p>\n\t<\/div>\n\t<!-- .module.article-rich-text: end -->","protected":false},"excerpt":{"rendered":"","protected":false},"author":37,"featured_media":11719,"template":"","tags":[197,130,241],"insight-theme":[202,166],"insight_topic":[295,296,265],"news_topic":[],"class_list":["post-11718","insight","type-insight","status-publish","has-post-thumbnail","hentry","tag-featured","tag-seafood","tag-tariffs","insight-theme-featured","insight-theme-weekly-market-insights","insight_topic-protein","insight_topic-seafood","insight_topic-tariffs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trump Targets India, America\u2019s Largest Shrimp Source, With 25% Import Tariff<\/title>\n<meta name=\"description\" content=\"Get insights into President Trump&#039;s announcement about the 25% tariff on India and its potential effects on shrimp 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