US EditionU.S. tariff hike | Andhra Pradesh Chief Minister Chandrababu Naidu urges Centre to bail aqua farmers out of crisis
- Andhra Pradesh Chief Minister N. Chandrababu Naidu urged Union Minister Piyush Goyal to support the aquaculture sector facing losses due to a 27% U.S. Import tariff on marine food exports.
- The U.S. Imposed a 27% import tariff that significantly impacts Indian shrimp exports, which constituted 92% of $2.55 billion in marine food exports during the 2023-24 fiscal year.
- Naidu stated that countries like Ecuador have a lower 10% tariff, resulting in unfair advantages over Indian exporters.
- He emphasized that timely intervention is necessary to protect the livelihoods of millions affected by the crisis.
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U.S. tariff hike | Andhra Pradesh Chief Minister Chandrababu Naidu urges Centre to bail aqua farmers out of crisis
Andhra Pradesh Chief Minister Chandrababu Naidu urges Centre to bail aqua farmers out of crisis triggered by U.S. tariff hike. In a letter to Union Minister of Commerce Piyush Goyal, the Chief Minister seeks steps to include shrimp in tariff exemption list, and protect the livelihood of lakhs of people who depend on aquaculture.
·India
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Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
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R 33%
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