TNPSC Thervupettagam

India Shrimp Tariff Act

September 28 , 2025 17 hrs 0 min 9 0
  • US senators introduced the India Shrimp Tariff Act to protect Louisiana’s shrimp and catfish industries.
  • The bill alleges that Indian shrimp is being "dumped" in the US market with minimal regulation, harming domestic businesses.
  • India is the largest exporter of shrimp to the US, followed by Ecuador.
  • In 2023–24, India exported 7.16 lakh metric tonnes of frozen shrimp, earning $4.88 billion.
  • Shrimp accounted for 66.12 percent of India’s total seafood export earnings in dollar terms.
  • Indian exporters are already paying a 50 percent blanket import tax, 5.77 percent countervailing duty, and 2.65 percent anti-dumping duty.

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