20-October-2026
Economy News
 
Seafood exporters weather US tariff storm, but uncertainty lingers
19-Oct-2026

Sitting in his small office in Bhimavaram, in Andhra Pradesh’s West Godavari district, Jagadish Thota was torn between relief and caution. US President Donald Trump had just signed an executive order waiving tariffs of up to 100% on goods imported from the five largest purchasers of Russian oil or gas, including India. The reversal came a month after he signed an order imposing sanctions under the Lindsey O. Graham Sanctioning Russia and Iran Act.

News Source:- https://www.financialexpress.com/policy/economy/seafood-exporters-weather-us-tariffstormbut-uncertainty-lingers/4364204/?ref=hometop_hp