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Protect AP aqua sector from tariff impact: Naidu urges Centre to intervene
April 07, 2025
|The Morning Standard
EXPRESSING deep concern over the devastating impact of American President Donald Trump's reciprocal tariffs on Andhra Pradesh's aquaculture industry, Chief Minister N Chandrababu Naidu has sought the immediate intervention of Union Minister for Commerce and Industry Piyush Goyal.
In a letter written to the Union Minister, Naidu highlighted the crucial role the aqua sector plays in AP's Gross State Domestic Product (GSDP), and urged the Central support to aqua farmers facing mounting losses.
The US government recently imposed a steep 27% duty on marine food imports from India, effective from April 5, 2025, severely affecting the country's shrimp-dominated trade.
In the financial year 2023-24, India exported marine food products worth $2.55 billion to the US, with shrimp accounting for 92% of the total volume.
هذه القصة من طبعة April 07, 2025 من The Morning Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Morning Standard
The Morning Standard
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1 mins
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1 min
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THEY CAME TO SEE HIM, THE FIRE REACHED THEM FIRST
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1 mins
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