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Sparsh Jindal

4th Apr 2025 · SEBI-Registered Analyst

US Tariff Hike Threatens India’s Key Farm Exports

India’s shrimp and basmati rice exports to the US face a major setback as President Trump imposes a 27% ‘reciprocal tariff.’ The move could erode India’s price advantage, benefiting competitors like Vietnam and Ecuador. With $5 billion in farm exports at stake, Indian exporters warn of severe supply chain disruptions and market losses.

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