Rice stocks tank! Trump issues new tariff threat to India over rice dumping; Kohinoor sheds 10%

Indian rice exporters faced a significant downturn on Dalal Street following US President Donald Trump's remarks hinting at potential new tariffs. Trump cited "dumping" of Indian rice as damaging domestic growers, sparking immediate market declines for major exporters like Kohinoor Foods and LT Foods. This development adds to existing trade tensions as a US delegation prepares to visit India.

Rice stocks tank! Trump issues new tariff threat to India over rice dumping; Kohinoor sheds 10%
Indian rice exporters faced a significant downturn on Dalal Street following US President Donald Trump's remarks hinting at potential new tariffs. Trump cited "dumping" of Indian rice as damaging domestic growers, sparking immediate market declines for major exporters like Kohinoor Foods and LT Foods. This development adds to existing trade tensions as a US delegation prepares to visit India.