The India Shrimp Tariff Act raises U.S. tariffs to be equivalent to subsidies received by the Indian shrimp farming industry. India is the world’s top shrimp exporter, accounting for roughly 40 percent of U.S. shrimp imports, largely due to massive state subsidies.

“We wholeheartedly support Senator Cassidy’s effort to deploy import tariffs on Indian shrimp commensurate with the barriers US exports face in the Indian market,” said Trey Pearson, President of the American Shrimp Processors Association. “For too long India has engaged in unfair trade practices causing economic damage to our domestic shrimp industry. We applaud this attempt to level the playing field and thank Senator Cassidy for his unwavering support for the US shrimp industry.”

Read the article.