India

US President Trump’s threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs. US President Trump’s threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs. NEW DELHI: US President Donald Trump’s latest threat to impose fresh tariffs on rice is unlikely to have a severe impact on Indian exports.”India exported $392 million worth of rice to the US in FY2025, just 3% of its global rice exports, and already faces tariffs of about 53% in the US market; 86% of these shipments are premium basmati. New duties would scarcely dent Indian exporters, who have strong markets elsewhere, but would make rice costlier for American households,” said trade research body GTRI.A bulk of the 6 million tonne exported to the US may be headed to kitchens of Indian-origin Americans or those on visas. The only substitute for basmati rice can be from Pakistan but the quantities are much lower. Overall, a bulk of India’s rice exports consists of non-basmati rice.Trump’s latest threat comes amid a team from the US visiting India with talks on the much-delayed trade deal scheduled for Wednesday and Thursday. While the agenda for the latest discussions were not immediately known, the visit was a surprise as govt officials had earlier said most issues had been sorted out and last-mile talks were expected. News about the US delegation’s trip came ahead of Russian President Vladimir Putin’s visit to India.While Trump has taken unilateral measures on trade since returning to office, India’s rice exports are not seen as “dumping” as claimed by the US president, who is not seen as someone who always sticks to facts. Given volumes, neither are rice exports causing harm to domestic market, nor are they subsidised. As a result, it is seen as a pressure tactic amid talks for a bilateral deal.India and the US had launched negotiations for a trade deal in Feb and hoped to close talks by Sept-Oct. But with govt refusing to agree to Trump’s demand for reducing levies on food and GM crops, the US hit back with 25% reciprocal tariffs and another 25% secondary tariffs, citing India’s purchase of Russian oil and defence equipment. In the first phase, which govt is hoping can be clinched by the month-end, India expects the secondary tariffs to be lifted while also seeking concessions on reciprocal tariffs.Trump, in the same event, also threatened high tariff on agriculture imports from Canada and other countries.End of ArticleFollow Us On Social MediaVideos’Singapura Derived From Sanskrit’: Singapore’s Ex-Deputy PM Highlights India’s InfluenceInterpol Blue Notice Explained: How CBI Tracks Absconding Luthra Brothers In Goa Nightclub Fire CaseIndia At The Centre: How The New US Security Blueprint Plans To Deepen Strategic Ties With DelhiBJP’s Nishikant Dubey Counters Rahul Gandhi, Accuses Cong Of Weakening India’s Key InstitutionsWhy Trump Accuses India Of Dumping Rice And What A New Tariff Shock Could Mean For Trade Relations’Vote Chori Is The Biggest Anti-National Act’: Rahul Gandhi Slams BJP In Lok Sabha’China…Trump…Economy’: Kharge Hits Out At PM Modi, Amit Shah In Rajya Sabha‘BJP Insulting Gandhi, Patel, Tagore’: Kharge Slams Amit Shah Over Vande Mataram & Nehru Claims’No Link To Bengal’: Amit Shah’s Fiery Speech on Vande Mataram, Blames Nehru, Indira of SabotageBJP’S Sanjay Jaiswal Thanks Rahul Gandhi For ‘Vote Chori’ Charge, Claims It Boosted NDA’S Bihar Win123PhotostoriesChef Sanjeev Kapoor shares healthy and extraordinary banana recipesJanuary birth? 5 reasons your soul chose to be born in this monthBig ears, big survival: 5 animals with unbelievably huge ears’Bigg Boss Season 19′ winner Gaurav Khanna’s stylish looks from the houseFrom ‘FA9LA’ to ‘Kaho Na Kaho’: Arabic music that shaped Bollywood’s biggest hits10 foods that make heart stronger naturally and how to eat themLesser-known facts about the ‘Tragedy King’ Dilip Kumar5 touching quotes on love and relationships by Colleen Hoover10 things millennials grew up with that Gen Z can’t relate to8 under 10-minute protein-rich cheelas for office tiffin123Hot PicksCandace OwensCharlie KirkWorld NewsGold rate todaySilver rate todayPublic Holidays NovemberBank Holidays NovemberTop TrendingMarvin Harrison JrTee Higgins InjuryTrey Benson InjuryMariasharapova and Alexander Net worthAryna Sabalenka Net WorthCeeDee Lamb InjuryRafael Nadal and Mery Net WorthCandace OwensSimone BilesAnthony Richardson Injury

Vamsikrishna6 months ago03 mins mins

$US President Trump’s threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs. US President Trump’s threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs. NEW DELHI: US President Donald Trump’s latest threat to impose fresh tariffs on rice is unlikely to have a severe impact on Indian exports.”India exported 2 million worth of rice to the US in FY2025, just 3% of its global rice exports, and already faces tariffs of about 53% in the US market; 86% of these shipments are premium basmati. New duties would scarcely dent Indian exporters, who have strong markets elsewhere, but would make rice costlier for American households,” said trade research body GTRI.A bulk of the 6 million tonne exported to the US may be headed to kitchens of Indian-origin Americans or those on visas. The only substitute for basmati rice can be from Pakistan but the quantities are much lower. Overall, a bulk of India’s rice exports consists of non-basmati rice.Trump’s latest threat comes amid a team from the US visiting India with talks on the much-delayed trade deal scheduled for Wednesday and Thursday. While the agenda for the latest discussions were not immediately known, the visit was a surprise as govt officials had earlier said most issues had been sorted out and last-mile talks were expected. News about the US delegation’s trip came ahead of Russian President Vladimir Putin’s visit to India.While Trump has taken unilateral measures on trade since returning to office, India’s rice exports are not seen as “dumping” as claimed by the US president, who is not seen as someone who always sticks to facts. Given volumes, neither are rice exports causing harm to domestic market, nor are they subsidised. As a result, it is seen as a pressure tactic amid talks for a bilateral deal.India and the US had launched negotiations for a trade deal in Feb and hoped to close talks by Sept-Oct. But with govt refusing to agree to Trump’s demand for reducing levies on food and GM crops, the US hit back with 25% reciprocal tariffs and another 25% secondary tariffs, citing India’s purchase of Russian oil and defence equipment. In the first phase, which govt is hoping can be clinched by the month-end, India expects the secondary tariffs to be lifted while also seeking concessions on reciprocal tariffs.Trump, in the same event, also threatened high tariff on agriculture imports from Canada and other countries.End of ArticleFollow Us On Social MediaVideos’Singapura Derived From Sanskrit’: Singapore’s Ex-Deputy PM Highlights India’s InfluenceInterpol Blue Notice Explained: How CBI Tracks Absconding Luthra Brothers In Goa Nightclub Fire CaseIndia At The Centre: How The New US Security Blueprint Plans To Deepen Strategic Ties With DelhiBJP’s Nishikant Dubey Counters Rahul Gandhi, Accuses Cong Of Weakening India’s Key InstitutionsWhy Trump Accuses India Of Dumping Rice And What A New Tariff Shock Could Mean For Trade Relations’Vote Chori Is The Biggest Anti-National Act’: Rahul Gandhi Slams BJP In Lok Sabha’China…Trump…Economy’: Kharge Hits Out At PM Modi, Amit Shah In Rajya Sabha‘BJP Insulting Gandhi, Patel, Tagore’: Kharge Slams Amit Shah Over Vande Mataram & Nehru Claims’No Link To Bengal’: Amit Shah’s Fiery Speech on Vande Mataram, Blames Nehru, Indira of SabotageBJP’S Sanjay Jaiswal Thanks Rahul Gandhi For ‘Vote Chori’ Charge, Claims It Boosted NDA’S Bihar Win123PhotostoriesChef Sanjeev Kapoor shares healthy and extraordinary banana recipesJanuary birth? 5 reasons your soul chose to be born in this monthBig ears, big survival: 5 animals with unbelievably huge ears’Bigg Boss Season 19′ winner Gaurav Khanna’s stylish looks from the houseFrom ‘FA9LA’ to ‘Kaho Na Kaho’: Arabic music that shaped Bollywood’s biggest hits10 foods that make heart stronger naturally and how to eat themLesser-known facts about the ‘Tragedy King’ Dilip Kumar5 touching quotes on love and relationships by Colleen Hoover10 things millennials grew up with that Gen Z can’t relate to8 under 10-minute protein-rich cheelas for office tiffin123Hot PicksCandace OwensCharlie KirkWorld NewsGold rate todaySilver rate todayPublic Holidays NovemberBank Holidays NovemberTop TrendingMarvin Harrison JrTee Higgins InjuryTrey Benson InjuryMariasharapova and Alexander Net worthAryna Sabalenka Net WorthCeeDee Lamb InjuryRafael Nadal and Mery Net WorthCandace OwensSimone BilesAnthony Richardson Injury$

$US President Trump's threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs.$

US President Trump’s threat of new rice tariffs is unlikely to significantly impact India, as exports to the US are a small fraction of global sales and already face high duties. Experts suggest this is a negotiation tactic amid ongoing trade deal talks, with India aiming to lift existing US tariffs.

NEW DELHI: US President Donald Trump’s latest threat to impose fresh tariffs on rice is unlikely to have a severe impact on Indian exports.“India exported $392 million worth of rice to the US in FY2025, just 3% of its global rice exports, and already faces tariffs of about 53% in the US market; 86% of these shipments are premium basmati. New duties would scarcely dent Indian exporters, who have strong markets elsewhere, but would make rice costlier for American households,” said trade research body GTRI.A bulk of the 6 million tonne exported to the US may be headed to kitchens of Indian-origin Americans or those on visas. The only substitute for basmati rice can be from Pakistan but the quantities are much lower. Overall, a bulk of India’s rice exports consists of non-basmati rice.Trump’s latest threat comes amid a team from the US visiting India with talks on the much-delayed trade deal scheduled for Wednesday and Thursday. While the agenda for the latest discussions were not immediately known, the visit was a surprise as govt officials had earlier said most issues had been sorted out and last-mile talks were expected. News about the US delegation’s trip came ahead of Russian President Vladimir Putin’s visit to India.While Trump has taken unilateral measures on trade since returning to office, India’s rice exports are not seen as “dumping” as claimed by the US president, who is not seen as someone who always sticks to facts. Given volumes, neither are rice exports causing harm to domestic market, nor are they subsidised. As a result, it is seen as a pressure tactic amid talks for a bilateral deal.India and the US had launched negotiations for a trade deal in Feb and hoped to close talks by Sept-Oct. But with govt refusing to agree to Trump’s demand for reducing levies on food and GM crops, the US hit back with 25% reciprocal tariffs and another 25% secondary tariffs, citing India’s purchase of Russian oil and defence equipment. In the first phase, which govt is hoping can be clinched by the month-end, India expects the secondary tariffs to be lifted while also seeking concessions on reciprocal tariffs.Trump, in the same event, also threatened high tariff on agriculture imports from Canada and other countries.

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