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India faces tariff shock as US duties hit exports; experts push rice shipments to offset losses

India Shipping News BENGALURU: India’s export economy has been shaken by Washington’s sudden imposition of punitive tariffs of up to 50 per cent on Indian goods. With marine products, textiles, gems, automobiles and electronics caught in the crossfire, nearly Rs 7.25 lakh crore worth of shipments are in the grey zone. Economists warn of a […]

Rice, tractor exporters charting a new course

Indian exporters of rice, tractors, gems, and jewellery have been diversifying beyond the US. This shift occurred even before President Trump’s tariffs. Exports of gems and jewellery to the US decreased. Kirtika Suneja & Anoushka Sawhney – ET Bureau Indian exporters of rice, tractors, and certain gems and jewellery items have been diversifying beyond the […]

US-Japan trade talks strain over rice demand

A demand from Washington for Japan to purchase more American rice has created fresh tensions in bilateral trade talks, as Tokyo strongly opposed the condition, calling it interference in domestic matters. Japan’s top tariff negotiator abruptly cancelled a planned US visit this week, citing unresolved issues that required discussion at the administrative level, as both […]

Asia rice: Vietnam rates hit near eight-month peak as supply tightens

Reuters BENGALURU, HANOI, MUMBAI, BANGKOK AND DHAKA: Vietnam’s rice export prices hit an eight-month high this week as supplies tightened, while Indian prices held steady and Thai prices declined due to surplus stocks, with demand stable across regions. Vietnam’s 5 percent broken rice was offered at USD455-USD460 per metric ton on Thursday, its highest level […]

Thai rice exports hit by India stock release, rising competition

Thai rice faces a prolonged crisis as global and domestic prices fall. India’s plan to release 20 million tonnes of rice threatens to drive prices down further, while Vietnam pushes premium “ST” rice to compete with Thai jasmine. Chukiat Opaswong, honorary president of the Thai Rice Exporters Association (TREA), told Thansettakij that India’s planned stock […]

One Price Rice Discourse, Indonesian Ombudsman: Not Solving Problems

JAKARTA Members of the Ombudsman of the Republic of Indonesia (RI), Yeka Hendra Fatika, assessed that the National Food Agency (Bapanas) plan to implement a one-price rice policy is considered unable to solve problems in national rice commodities. “It is not urgent and does not solve the problem. So, related to the proposal, the National […]

Governor meets with local mill owners to discuss sustainable rice pricing that supports farmers

Nuon Pharath, the Governor of Kampong Thom Province, met with the owners of 12 rice mills at the Provincial Hall yesterday to discuss rice prices for farmers. He highlighted that rice pricing is a common issue impacting farmers, middlemen, experts, and the provincial government. Pharath urged all parties to collaborate on practical solutions to reduce […]