Donald Trump
world
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Moneycontrol09-12-2025, 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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