Shrimp stocks Avanti Feeds, Waterbase, others slide up to 5% after Trump slaps 50% tariffs on Indian exports

Shares of top Indian shrimp exporters fell up to 5% after U.S. President Trump raised tariffs on Indian goods to 50%, targeting sectors like seafood. Avanti Feeds, Apex Frozen Foods, and Waterbase Ltd were hit hardest as investors reacted to rising trade tensions over India’s oil trade with Russia.