The Indian shrimp industry is in crisis, with the U.S. imposing an additional 25% tariff, bringing the total tariff rate to as much as 58%.

India is the largest supplier of shrimp to the United States, accounting for approximately 40% of total U.S. imports in 2024. If anti-subsidy duties and anti-dumping duties are added, the total tariff rate for Indian shrimp will rise to 58.26%.

The executive order also states that goods shipped and finally delivered to the U.S. before 12:01 AM Eastern Time on August 27, as well as consumer goods declared or removed from the warehouse before September 17, 2025, will be exempted. Trump also threatened that if other countries are found to directly or indirectly import Russian oil, the U.S. government will decide whether to impose a 25% tariff on their goods as well.

The new U.S. tariff will be another heavy blow to Indian shrimp companies, with India exporting 304,000 tons of frozen shrimp products to the U.S. last year, valued at $2.38 billion. The U.S. is also the largest market for Indian seafood, accounting for 34.5% of India's exports and 41.6% of total shrimp exports.

With the double countervailing duties, Indian shrimp are already at an absolute disadvantage compared to competitors, with tariff levels far higher than Vietnam (48.6%), Indonesia (22.9%), Thailand (19%), and Ecuador (18.78%).