Chennai, 6 August (H.S.): A Rs 20 crore egg export deal from Namakkal district in Tamil Nadu to the United States has been stalled due to a sudden hike in tariffs by the US government. The exporters had finalized the deal after meeting all the required standards and regulations, but the new tariffs have made it economically unviable.
The Namakkal district is known for its significant egg production, and the export deal was expected to benefit thousands of poultry farmers in the region. The exporters had already begun preparations to ship the eggs, but the tariff hike has put the entire consignment on hold.
The affected exporters are urging the Indian government to intervene and negotiate with the US authorities to resolve the issue. They are also seeking compensation for the losses incurred due to the sudden change in tariffs. The incident has highlighted the challenges faced by Indian exporters in the global market, particularly due to unforeseen changes in trade policies.
The poultry farmers and exporters in Namakkal are worried about the impact of this development on their livelihoods and are seeking support from the government to explore alternative markets for their products.
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Hindusthan Samachar / Dr. R. B. Chaudhary