
Kings Infra's Strategic Approach To Counter The New US Tariffs
Apr 08, 2025
Kochi (Kerala) [India], April 8: The US Government announced reciprocal tariffs on all goods being imported to the US, which will have major impact on global trade, disrupting the established supply chain. The tariff proposed for India is 26% on all products exported to the US, including seafood. India exports seafood worth approximately USD 2.5 billion of which shrimp constitutes about 92%. The proposed tariff will significantly increase the cost of seafood products in the US market which will ultimately be borne by the US consumers.
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