Trump eyes new tariffs on Indian rice over dumping claims; experts unfazed

commodity
M
Moneycontrol•09-12-2025, 13:16
Trump eyes new tariffs on Indian rice over dumping claims; experts unfazed
- •Donald Trump indicated potential new tariffs on Indian rice, citing concerns from US farmers about alleged dumping.
- •US farmers claim cheap imports from India, Vietnam, and Thailand make it difficult to compete in the market.
- •Dr. Prem Garg, President of the Indian Rice Exports Federation, believes new tariffs won't significantly impact India's rice exports, especially Basmati, due to strong global demand and the US being a small market.
- •India holds the largest global share in rice production at 28%.
Why It Matters: Trump's potential rice tariffs could alter trade dynamics, despite expert reassurance.
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