US Tariff Tussle Stalls Indian Exports: Billions at Stake, Shipments Halted

• Indian exporters caught in US tariff 'tussle' between courts and President Trump, impacting billions in business.
• Key sectors like textiles, gems and jewelry, and seafood face stalled shipments due to tariff uncertainty.
• Seafood sector, especially shrimp ($2.4 billion), is heavily impacted; buyers demand refunds for old tariffs.
• US Supreme Court revoked Trump's IEEPA tariffs, but Trump immediately signaled new 10-15% tariffs under 1974 Trade Act.
• Exporters await clarity from US Customs and Border Protection (CBP) before resuming shipments, fearing lost advantages.