Indian shrimp exporters drop on Trump's additional 25% tariff

** Indian shrimp exporters Avanti Feeds AVNT.NS and Apex Frozen APEX.NS drop 5.2% and 2.5%, respectively

** Drop after Trump's executive order imposing additional 25% tariff on goods from India

** North America sales form 70% of AVNT's total sales and U.S. accounts for 56% for APEX, as of Dec 2024

** AVNT and APEX down 7% and 9%, respectively, since July 31 when Trump imposed initial 25% tariff on Indian imports