Overview
- President Donald Trump said he would “take care” of alleged dumping of Indian rice after US farmer groups complained about imports depressing prices.
- Indian basmati shipments to the US have fallen by roughly half since the duty was raised to 50% on August 27, according to industry representatives.
- Exporter groups contend there is no subsidy at any stage for basmati and note a prior interest benefit for exporters was withdrawn on January 1, 2025.
- Industry leaders argue basmati is a premium product sold in the US at about $2,200–$2,500 per tonne versus roughly $1,100 for US-grown rice, rejecting dumping claims.
- Exporters warn further US measures could trigger price declines in India and losses on cargoes in transit, and they highlight that Pakistan faces a lower 19% tariff that skews competition.