Primus In News
Unfriending India? Trump’s 25% tariffs on India deal a body blow to major sectors—and raise costs for US consumers
01-08-2025
Devroop Dhar, MD and Co-Founder, Primus Partners, shares his view on the impact of recent U.S. tariffs on India’s shrimp exports. With the U.S. accounting for 40% of India’s shrimp exports, a decline in shipments is likely, especially in seafood categories. Indian shrimp may become uncompetitive in the U.S. market, affecting both exporters and farmers. This is particularly concerning as shrimp farming is one of the few agricultural activities where farmers remain engaged across generations, reflecting both economic viability and cultural continuity.
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