India's basmati rice exports to Iran face uncertainty as Trump's proposed 25% tariff on countries trading with Iran creates payment risks. Iran is India's third-largest basmati market, worth $753 million in 2024-25.
Political turmoil in Iran creates uncertainty for Indian basmati rice exporters from Punjab and Haryana, with divided opinions on shipment and payment impacts.
India's basmati rice exports to Iran face uncertainty as the US threatens a 25% tariff on countries trading with Tehran. The commerce ministry will consult exporters to assess impact and safeguard shipments.
The ongoing crisis in Iran is severely impacting India's basmati rice exports, causing prices to drop and payment delays to mount. Industry experts express deep concern over the future of this vital trade.
Indian government sources indicate new US tariffs on Iranian trade partners will have minimal effect on India, with Iran not among top 50 trading partners and trade already declining.
US President Donald Trump's new 25% tariff on countries trading with Iran could disrupt global commerce. India's exports of basmati rice and fresh fruits face immediate pressure as bilateral trade reaches $1.34 billion.
Indian rice exporters face potential losses as US threatens 25% tariff on trade with Iran. Basmati rice exports worth ₹2,000 crore are stuck, creating port backlogs and payment delays.
India's record rice production forces growers to cut prices to compete with Thailand and Vietnam, testing sellers' patience and deepening the global price decline.
US President Donald Trump threatens 25% tariffs on countries trading with Iran, jeopardizing India's significant export partnership with Tehran including rice, cereals, and pharmaceuticals.
Political unrest in Iran has severely impacted Indian basmati rice exports, causing sharp price drops and payment delays. The Indian Rice Exporters Federation advises exporters to reassess risks.
India's basmati rice exports face mounting pressure from Iran's internal turmoil and US tariff threats, causing price drops and payment delays in domestic markets.
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