Shares of top Indian shrimp exporters fell up to 5% after U.S. President Trump raised tariffs on Indian goods to 50%, targeting sectors like seafood. Avanti Feeds, Apex Frozen Foods, and Waterbase Ltd were hit hardest as investors reacted to rising trade tensions over India’s oil trade with Russia.
Shrimp stocks Avanti Feeds, Waterbase, others slide up to 5% after Trump slaps 50% tariffs on Indian exports
by ET Markets | August 7, 2025 11:05 am | Indian Stocks, Market, News