Trump Accuses India of Rice Dumping; Experts See Political Play

• Donald Trump raised concerns about alleged "dumping" of Indian rice in the US market, promising to address the issue and announcing $12 billion in aid for US farmers.
• "Dumping" involves selling products abroad below domestic price or production cost; US farmers blame cheap imports from India, Vietnam, and Thailand for falling rice prices.
• Indian trade bodies dispute the claims, stating US consumers absorb tariffs and suggesting Trump's comments are politically motivated.
• India is the world's largest rice producer and exporter; US imports constitute less than 5% of its total basmati exports, primarily serving specific communities.
• Despite existing and increased US duties, Indian rice exports remain resilient due to strong demand in other markets and the unique value of Indian varieties.

Why It Matters: Trump's rice tariff threat: Political trade moves hit global markets & US consumers.