US tariff relief brings mixed feelings to Indian exporters

Indian seafood exporters feel some relief after US tariffs on Russian oil buyers were reduced, but remain cautious about future changes. Jagadish Thota, an exporter, said the decision eased worries but did not fully solve concerns.

Despite US tariff threats, Indian seafood exports reached $8.46 billion in FY26. Exporters diversified to new markets like the EU and China to offset losses, but the US remains a key market for over a quarter of exports.