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Home Uncategorized 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

Malay Mail
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AI Summary

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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