Trump signals possible new tariffs on Indian rice
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United States President Donald Trump signals fresh trade tension as Trump warns that imports of Indian rice and some other farm goods may face new tariffs. Trump alleges that foreign rice is being dumped in the United States and promises to "take care" of the situation that domestic farmers describe as harmful.
U.S. President Trump threatens escalated tariffs on Indian basmati and non-basmati rice imports, accusing exporters of undercutting American farmers amid $12 billion in federal aid.
The Indian Rice Exporters Federation (IREF) has said that the impact of US tariffs on rice imports from India is likely to be passed on to American consumers, reflecting the product's essential nature in the consumer basket.