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Hit by US tariffs, Indonesia plans to sell shrimp to China instead

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Hit by US tariffs, Indonesia plans to sell shrimp to China instead

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US import tariffs on shrimp are impacting Indonesian farmers like Denny Leonardo, who has had to scale back expansion plans for his farm. The US, Indonesia's largest shrimp market, imposed a 19% tariff, impacting Indonesian exports and putting jobs at risk. While lower than the initially proposed 32%, the tariff still disadvantages Indonesia compared to competitors like Ecuador, whose tariff is 15%. Indonesian shrimp farmers are now seeking to diversify their export markets.

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