Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices - explained

Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices – explained

IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…

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Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…

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