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Seafood Exporters in TN Face Cancellations from US Buyers

The New Indian Express Kannur

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August 30, 2025

SEAFOOD exporters in Thoothukudi are literally caught between the devil and the deep blue sea as American importers have started cancelling the ordered consignments that are in transit, citing the new 50% tariff, leaving crores of rupees worth of seafood stranded in sea.

- EXPRESS NEWS SERVICE @ Thoothkudi

Over 1,000 tonnes of seafood consignments worth nearly ₹100 crore are currently under transit to the US.

After the US President Donald Trump's 50% tariff on Indian goods kicked in on August 27, the buyers are urging the exporters to either bear the difference in tariff hike or take back the consignments. Seafood Exporters Association of India (SEAI) Tamil Nadu Region president Selwin Prabhu told TNIE.

The New Indian Express Kannur

Bu hikaye The New Indian Express Kannur dergisinin August 30, 2025 baskısından alınmıştır.

Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.

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