US President Donald Trump’s latest warning that he may impose additional tariffs on rice exports from nations, including India, is unlikely to have any major impact on Indian rice exports, especially of basmati rice, according to rice exporters. Instead, the American consumers of basmati rice are likely to bear the brunt of new levies if Trump goes ahead with his latest threat, experts warned.
Ajay Bhallotia, General Secretary of the All India Rice Exporters Association, pointed out that in his statement, President Trump mentioned India along with Vietnam and Thailand, which makes it clear that Trump is referring to non-basmati rice.
“This is because Vietnam and Thailand only export non-basmati rice to the US. It is not yet clear whether the additional tariff will apply only to non-basmati rice or to basmati rice as well. Basmati rice exports to the US are about five times higher than non-basmati rice exports. Now we have to wait and see what President Trump decides,” he told NDTV.
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