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Shipments to Africa and the Middle East together account for nearly half of India’s total rice exports. (AI image) India’s rice exports may take a hit in wake of the deteriorating situation in the Middle East – the country’s five leading export destinations are in the area! After US and Israel’s strikes on Iran, the…
IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…
US President Trump’s threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs. NEW DELHI: US President…
A new grain of conflict: Trump takes aim at India’s rice exports US President Donald Trump on Tuesday signalled a fresh flashpoint with India questioning why New Delhi is “allowed” to send large volumes of rice to the United States without facing additional duties, indicating that new tariffs could be on the table as trade…
