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Trump admin confirms trade deal with India, cutting tariffs to 18 percent

February 9, 2026 — U.S. President Donald Trump issued an executive order following through on a trade deal with India he announced in early February, reducing U.S. tariffs on the country to 18 percent.

Trump first announced the new trade deal with India on 2 February, which he said came after a discussion with India Prime Minister Narendra Modi. Just four days later on 6 February, he formalized the deal with an executive order, cutting reciprocal tariffs on the country to 18 percent from the previous 25 percent and eliminating a separate 25 percent ad valorem tariff implemented in August 2025 against India over its purchases of Russian oil.

Read the full article at SeafoodSource

Trump announces trade deal with India that drops reciprocal tariff to 18 percent

February 2, 2026 — U.S. President Donald Trump announced a new trade deal with India that will see the U.S. lower reciprocal tariffs on goods from the country from 25 percent to 18 percent and potentially remove a separate 25 percent tariff related to India’s imports of Russian oil.

In a post on his social media site Truth Social, Trump said he spoke with India Prime Minister Narendra Modi on 2 February and struck a deal which will see India purchase USD 500 billion (EUR 424 billion) in U.S. energy, technology, agriculture, coal, and other products. In return, Trump said the reciprocal tariff lodged against India – which was set at 25 percent as of 1 August – will be reduced to 18 percent.

Read the full article at SeafoodSource

EU, India sign “mother of all” free trade deals, zero out tariffs on seafood

January 29, 2025 — The European Union and India have agreed to a massive free trade agreement (FTA) that will slash or eliminate tariffs on most goods.

“The E.U. and India make history today, deepening the partnership between the world’s biggest democracies,” European Commission President Ursula von der Leyen said in a release. “We have created a free trade zone of 2 billion people, with both sides set to gain economically. We have sent a signal to the world that rules-based cooperation still delivers great outcomes. And, best of all, this is only the start; we will build on this success and grow our relationship to be even stronger.”

Read the full article at SeafoodSource

US shrimp imports rise nearly 20 percent in H1 2025

August 14, 2025 — According to NOAA, shrimp imports to the U.S. were up 18 percent year over year in the first half of 2025, with 413,718 metric tons (MT) of foreign shrimp entering the nation’s borders.

India was again the top exporter to the U.S. during the period, shipping 161,835 MT. That marked an increase of 24 percent over the previous year.

Read the full article at SeafoodSource

Trump says India will be hit with 25 percent tariff as global tariff pause deadline approaches

July 30, 2025 — U.S. President Donald Trump said India will be hit with a 25 percent tariff rate as of 1 August, the same date a range of other countries will also be hit by new tariffs if the deadline is not extended.

Trump first threatened to increase tariffs across almost every country in the world in early April before pausing them on most countries a few days later. At the time, India – the third-largest source of seafood imported to the U.S. by value – was being threatened with a 27 percent tariff.

Read the full article at SeafoodSource

Trump plans tariff pause, threatens higher tariffs on BRICS countries, South Korea, and Japan

July 7, 2025 — U.S. President Donald Trump threatened to add an additional 10 percent tariff to any country aligned with BRICS (Brazil, Russia, India, China, and South Africa) and then later threatened 25 percent tariffs as of 1 August on China, South Korea, and Japan, just before the White house announced his intention to extend the “liberation day” tariff pause to 1 August.

White House Press Secretary Karoline Leavitt told media on 7 July that Trump was planning to sign an order to extend the pause on the steepest tariffs until 1 August. She also said Trump was planning to send letters to other countries about the new rates they would face if they did not negotiate new deals with the U.S.

Read the full article at SeafoodSource

Seafood industry raises alarms about foreign subsidies

June 5, 2025 — On Wednesday, Russia was accused of subsidizing their seafood industry and exporting farm-raised, mislabeled salmon – an accusation levied by other seafood producers against countries such as India, Vietnam, and China.

The accusation came at Wednesday’s meeting of the U.S. House Natural Resources Committee’s Subcommittee on Water, Wildlife and Fisheries.

The meeting was held in response to an executive order issued in April by President Donald Trump titled Restoring America’s Seafood Competitiveness.

“In the case of Russia, for instance, not only are they flooding global markets with hatchery-produced salmon, it is also often mislabeled,” Jamie O’Connor, deputy executive director of the Alaska Marine Conservation Council, told the committee. “And so we are operating in the best faith that we can as small businesses to compete in a vast global market. And we need your help to do that.”

Read the full article at The Center Square

US shrimp imports up in January, thanks to a big boost from India

March 26, 2025 — Total shrimp imports to the U.S. were up significantly year over year in January, as reported by NOAA, from just over 131 million pounds, or 59,442 metric tons (MT), to nearly 157 million pounds (71,188 MT), an increase of 19.76 percent.

The change was mostly due to a big bump in Indian imports, as well as increases from Vietnam and Thailand.

Read the full article at SeafoodSource

Experts warn logistics industry stakeholders to make contingency plans

March 10, 2025 — In their March 2025 forecasts, shipping and logistics experts are warning those who rely on the industry to expect continued disruption, and in order to survive a chaotic landscape, they are advising businesses to spend money conservatively, work with trusted partners, and make comprehensive contingency plans.

“In the face of uncertainty, what else do you do? You just hold off on major investments you are going to make,” Sunderesh Heragu, a professor at Oklahoma State Univesity and the president-elect of the Institute of Industrial and Systems Engineers, told SeafoodSource. “If you have the capacity to adapt, by all means, go ahead and do it.”

Read the full article at SeafoodSource

Southern Shrimp Alliance echoes US congressman’s calls for tariffs on foreign seafood

February 13, 2025 — U.S. Representative Clay Higgins (R-Louisiana) recently sent a letter to the administration of U.S. President Donald Trump that offered simple advice on Trump’s tariff policies: To save American seafood, tax imports from China, Ecuador, India, Indonesia, and Vietnam. 

Higgins shared the letter he sent to the president on social media platform X with the caption, “Protecting the American seafood industry requires aggressive action.”

Read the full article at SeafoodSource

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