Weak Indian Rupee May Blunt US Tariff Bite, Say Economists

Weak Indian rupee may blunt US tariff bite, say economists

The Indian rupee has been the worst-performing major Asian currency so far this year.

Indian shrimp exporters brace for unprecedented challenge in US; volumes to drop 7-9%

Indian shrimp exporters will face a new, unprecedented challenge in US markets after the imposition of reciprocal tariffs on India, said Rahul Guha, Senior Director at Crisil Ratings.

Gulf Coast shrimpers praise new US tariffs on imports from India

Gulf Coast shrimpers are hailing a new 25% tariff on Indian shrimp imports as a long-overdue win for the struggling domestic industry, The Center Square writes.  India, which supplied nearly 38.4% of U.S. shrimp imports in 2024, has been accused of undercutting U.S. prices with low-cost, farm-raised shrimp—pressuring American shrimpers out of business. The Southern Shrimp Alliance says the tariff, announced by President Trump, levels the playing…

Indian Netizens Troll Trump After 'Dead Economy' Remark And Tariffs

Donald Trump, the current US President has been facing the heat of Indians in light of not just the recent tariffs, but his comments about the country and its economy. Recently, the deadline passed on the import tariffs that US had applied on various trading partners, where for India they raised import duties to 25%. Many experts and analysts have shown concern over this and how it might impact Indian businesses, especially one that rely heavily…

Additional Tariffs On India To Benefit Domestic Shrimp Industry

The Southern Shrimp Alliance (SSA) recently published a press release that stated President Donald Trump announced an additional 25 percent tariff to be imposed on imports from India. This tariff went into effect on August 1.