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The long and short of Trump new tariff threat: US Prez vows duty on rice after US lobby raises stink over basmati - The Times of India

United States President Donald Trump has threatened new tariffs on Indian rice exports, particularly targeting basmati, after pressure from American rice producers who claim Asian imports are undercutting domestic prices through heavy subsidies. The move intensifies an ongoing trade dispute between Washington and New Delhi, with the United States already imposing high duties on Indian rice while maintaining lower tariffs on imports from Pakistan and Thailand, giving those countries a competitive edge. The dispute centers on allegations that India's government support for rice farmers exceeds international limits, a claim India disputes, while critics point out that the United States also heavily subsidizes its own farmers. The controversy highlights both the unique appeal of authentic basmati rice and the broader tensions over agricultural trade and protectionism.

Original article source: https://timesofindia.indiatimes.com/business/india-business/the-long-and-short-of-trump-new-tariff-threat-us-prez-vows-duty-on-rice-after-us-lobby-raises-stink-over-basmati/articleshow/125873411.cms
Source Id: 8993179072

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