Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices – explained

IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business […]

‘They can’t do that’: New tariffs amid trade talks? Trump asks why India is ‘allowed to dump rice in US’

A new grain of conflict: Trump takes aim at India’s rice exports US President Donald Trump on Tuesday signalled a fresh flashpoint with India questioning why New Delhi is “allowed” to send large volumes of rice to the United States without facing additional duties, indicating that new tariffs could be on the table as trade […]