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US tariff’s lead to slash in seafood production by 50 pc in TN
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US tariff’s lead to slash in seafood production by 50 pc in TN
Chennai, Aug 28 (SocialNews.XYZ) The seafood export sector in Tamil Nadu is reeling under pressure after the US imposed steep tariffs on Indian marine imports from August 27, forcing several companies to cut production by almost half. Of the 25 seafood exporting firms operating in the state, 15 are concentrated in Thoothukudi, a long-standing hub for shipments of frozen shrimp, squid, octopus, fish and crabs to global destinations, including the…
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