A new executive order from U.S. President Donald Trump will increase tariffs on India by an additional 25 percent starting 27 August.
The order, issued on 6 August, was related to the Government of India “directly or indirectly importing Russian Federation oil,” the executive order states. The order, titled “Addressing Threats to the United States by the Government of the Russian Federation,” said the additional 25 percent will stack on top of the earlier 25 percent tariff rate.
The high tariff, if fully implemented, will likely cause a shift in the U.S.’s sourcing of shrimp. India has been the top source of imported shrimp in the U.S. for several years, but that industry will now be facing several stacking tariffs.
India’s shrimp industry has already had to deal with a 5.77 percent countervailing duty set in 2024 and antidumping duties that the country has had to deal with since 2005 that vary depending on the company. The U.S. Court of International Trade recently upheld antidumping duties on shrimp exported by Indian company Megaa Moda, setting the rate at 7.92 percent.
India is the third-largest source of seafood imported to the U.S. by value, accounting for USD 2.4 billion (EUR 2.06 billion) worth of seafood purchased by the U.S. in 2024, according to NOAA Fisheries trade data. Had the current tariff proposal been in place, U.S. importers would have had to pay an additional USD 1.2 billion (EUR 1.03 billion) in taxes on Indian seafood in 2024.
The order states that the order may be modified depending on the response to the additional tariffs. If a country retaliates, it may be modified “to ensure the efficacy of the actions herein ordered.” If, however, Russia or India takes steps to address the reason for the new order, it may also be modified, potentially reducing the ad valorem duty on imports.
