** Indian shrimp exporters Avanti Feeds NSE:AVANTIFEED and Apex Frozen Foods NSE:APEX fall 3% and 2%, respectively
** U.S. President Donald Trump slaps 25% tariff on Indian imports starting August 1 and an unspecified penalty
** North America accounted for 70% of AVNT's total sales and US accounted for 56% for APEX, as of December 2024
** AVNT and APEX slumped as much as 10% in April when Trump first announced reciprocal tariffs on India
** YTD, AVNT down 2% vs APEX's 13% decline