Trump Threatens Indian Rice Tariffs; LT Foods, KRBL Shares Drop 7%

• US President Donald Trump threatened new tariffs on agricultural products, including Indian rice, citing alleged dumping.
• Trump's remarks caused shares of Indian rice exporters LT Foods and KRBL to fall up to 7%.
• LT Foods, with 46% of its revenue from North America, holds significant market share in US Basmati and Jasmine rice.
• KRBL stated its direct exposure to the US is limited, expecting minimal financial impact despite current 50% export duty.
• The threat comes ahead of US trade delegation talks in India on December 10-11 regarding tariff issues.

Why It Matters: US tariff threats on Indian rice could hurt companies and escalate trade disputes.