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Indian shrimp exporters drop on Trump's additional 25% tariff
Indian shrimp exporters drop on Trump's additional 25% tariff

About this update from Apex Frozen Foods Ltd.
** Indian shrimp exporters Avanti Feeds NSE:AVANTIFEED and Apex Frozen NSE:APEX drop 5.2% and 2.5%, respectively** Drop after Trump's executive order imposing additional 25% tariff on goods from India ** North America sales form 70% of AVNT's total sales and U.S. accounts for 56% for APEX, as of Dec 2024** AVNT and APEX down 7% and 9%, respectively, since July 31 when Trump imposed initial 25% tariff on Indian imports
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