cell_tower Broadcast Station
visibility 628.1K views schedule 5 months ago
CULCHR.TV Vintage Exclusive
Vintage Sneakers Streetwear +37

How India Took Over America’s Shrimp Supply | Big Business

Most of the shrimp Americans consume comes from India. But in August 2025, the Trump administration announced 50% tariffs on the country. Shrimp farmers in Gujarat, who'd taken US demand and turned poor towns into valuable shrimp hubs, had to pivot. In the US, Louisiana shrimpers applauded the tariffs but were split on whether they'd gone as far as they'd hoped. Now the Supreme Court has struck down Trump's 'emergency tariffs' but the President says he will still pursue them with an executive order. So, how did tariffs affect Indian shrimp farmers and Gulf fishermen? And who really wins and loses when a trade war hits an industry this global? Editor's note: At 6:28, the video incorrectly states that Indian shrimp 'exporters' pay the tariff to US customs. It is actually importers who pay it but exporters do 'indirectly' shoulder some of the costs. 00:00 - Intro 01:38 - Indian Shrimp Farms 03:00 - Deveining & Packaging Shrimp 05:51 - US Imposes Tariffs on Shrimp 07:10 - Louisiana’s Disappearing Shrimp Business 08:51 - Have Tariffs Helped Gulf Shrimpers? 09:46 - History of Louisiana Shrimp 10:31 - Imports Overtake American Shrimp 11:48 - Secret Restaurant Testing 18:24 - Antibiotic Testing in India 20:01 - A Post-Trade War Future 21:14 - Credits ------------------------------------------------------ #shrimp #tariffonindia #shrimpfarmingaquaculturebusiness #India #Louisiana #BigBusiness Business Insider tells you all you need to know about business, finance, tech, retail, and more. MORE BUSINESS INSIDER VIDEOS: Why Florida’s Orange Industry Is In Free Fall https://youtu.be/guCkWXZlQfI How Pistachio Farmers Built A Billion-Dollar Empire During California Droughts https://youtu.be/GOPr7N6BDxA The Risks Behind Finding The World's Rarest Delicacies https://youtu.be/YTUGNBU7IaI Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: https://www.facebook.com/businessinsider Business Insider on Instagram: https://www.instagram.com/businessinsider Business Insider on Twitter: https://www.twitter.com/businessinsider Business Insider on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143 Business Insider on TikTok: https://www.tiktok.com/@businessinsider Imported Shrimp Killed The American Industry. Can The Trade War Bring It Back? | Big Business | Business Insider

0:00 / 0:00
visibility 628,057 views thumb_up 8.5K comment 1.8K schedule 21:31 2026 5 months ago
Most of the shrimp Americans consume comes from India. But in August 2025, the Trump administration announced 50% tariffs on the country. Shrimp farmers in Gujarat, who'd taken US demand and turned poor towns into valuable shrimp hubs, had to pivot. In the US, Louisiana shrimpers applauded the tariffs but were split on whether they'd gone as far as they'd hoped. Now the Supreme Court has struck down Trump's 'emergency tariffs' but the President says he will still pursue them with an executive order. So, how did tariffs affect Indian shrimp farmers and Gulf fishermen? And who really wins and loses when a trade war hits an industry this global? Editor's note: At 6:28, the video incorrectly states that Indian shrimp 'exporters' pay the tariff to US customs. It is actually importers who pay it but exporters do 'indirectly' shoulder some of the costs. 00:00 - Intro 01:38 - Indian Shrimp Farms 03:00 - Deveining & Packaging Shrimp 05:51 - US Imposes Tariffs on Shrimp 07:10 - Louisiana’s Disappearing Shrimp Business 08:51 - Have Tariffs Helped Gulf Shrimpers? 09:46 - History of Louisiana Shrimp 10:31 - Imports Overtake American Shrimp 11:48 - Secret Restaurant Testing 18:24 - Antibiotic Testing in India 20:01 - A Post-Trade War Future 21:14 - Credits ------------------------------------------------------ #shrimp #tariffonindia #shrimpfarmingaquaculturebusiness #India #Louisiana #BigBusiness Business Insider tells you all you need to know about business, finance, tech, retail, and more. MORE BUSINESS INSIDER VIDEOS: Why Florida’s Orange Industry Is In Free Fall https://youtu.be/guCkWXZlQfI How Pistachio Farmers Built A Billion-Dollar Empire During California Droughts https://youtu.be/GOPr7N6BDxA The Risks Behind Finding The World's Rarest Delicacies https://youtu.be/YTUGNBU7IaI Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: https://www.facebook.com/businessinsider Business Insider on Instagram: https://www.instagram.com/businessinsider Business Insider on Twitter: https://www.twitter.com/businessinsider Business Insider on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143 Business Insider on TikTok: https://www.tiktok.com/@businessinsider Imported Shrimp Killed The American Industry. Can The Trade War Bring It Back? | Big Business | Business Insider