India Shrimp Tariff Act

S 2979 (India Shrimp Tariff Act) phases in higher tariffs on shrimp imports from India over three years to increase competitiveness for U.S. shrimp producers. Starting in 2024, the duty for covered shrimp products rises from 0% to 10% (column 1) and from 0¢/kg to 25¢/kg (column 2), increasing to 40% and $1/kg by 2026. This directly affects Indian shrimp exporters, who will face higher import costs, while U.S. producers aim to reduce competition from subsidized Indian imports. The bill also requires country-of-origin labeling for cooked shrimp and crawfish to clarify product sources.