Trump eyes new tariffs on Canadian fertilizer, Indian rice as trade talks stall

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Moneycontrol•09-12-2025, 03:08
Trump eyes new tariffs on Canadian fertilizer, Indian rice as trade talks stall
- •President Trump hinted at imposing new tariffs on Canadian fertilizer and Indian rice.
- •The suggestion came during a White House meeting where he announced $12 billion in aid for American farmers.
- •Trump cited alleged dumping of Indian rice and the need to bolster domestic fertilizer production as reasons for the potential tariffs.
- •These potential tariffs reflect deepening trade tensions and stalled trade talks with both Canada and India.
Why It Matters: Trump's tariff threats could increase costs for US consumers and farmers.
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