Trump Signals Higher Tariff on India’s Rice Exports

In a recent meeting at the White House, Donald Trump signaled new tariffs on Indian and Canadian products due to ongoing trade disputes. Trump has imposed heavy tariffs on Indian goods and now hints at further increasing tariffs as a threat to India. The Trump administration claims that American farmers are suffering losses due to cheap foreign goods.

During the meeting, there were allegations and threats against India. It was mentioned that cheap rice imports are affecting American rice prices and need to be reduced. Trump responded by saying that countries engaging in such practices should face consequences. The CEO of Canadian Rice Milling, Meril Kennedy, informed Trump that ‘India, Thailand, and China are the biggest perpetrators of ‘dumping’. China sends its excess rice to America. The tariffs are impacting the situation, but action needs to be taken. However.’