US Threatens 25% Tariff on India-Iran Trade, Rice Exporters Warn
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.
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.
US President Donald Trump imposes 25% tariffs on nations trading with Iran, creating fresh challenges for Indian tea and rice exporters already facing market pressures.
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.
Former US President Donald Trump's warning to impose tariffs on trade with Iran has sparked concerns among Indian rice exporters, potentially disrupting a key export market.
Shares of major basmati rice exporters tumbled after shipments to Iran faced a crisis due to US sanctions and currency collapse. Key details and expert analysis inside.
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