Business Standard

New Trump order might hit India's shrimp export

US govt is set to enforce countervailing duties strictly on countries held to be dumping goods.

Shrimp
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Nirmalya Behera Bhubaneswar
The $5.5-billion Indian seafood export market might face new restrictions in America. The new Donald Trump government, in an executive order, is set to enforce countervailing duties strictly on countries held to be dumping goods. America is the major importer of Indian seafood, with a share of 28.5 per cent in 2015-16, for 153,695 tonnes worth $1.3 billion. Frozen shrimp is the principal item of export to the US, with a share of 94 per cent in value terms.

Another executive order directs their department of commerce and the Office of the US Trade Representative to examine every form of

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