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Trump signals new tariffs on Indian rice and Canadian fertiliser. Why?
US President Donald Trump has put both India and Canada on notice, indicating a potential introduction of new tariffs on specific agricultural imports: Indian rice and Canadian fertiliser.
This development comes as trade discussions with both countries remain gridlocked, showing little to no major progress. The announcement was made during a White House gathering where President Trump simultaneously revealed a substantial USD 12 billion support plan aimed at bolstering American farmers.
Addressing the challenges faced by domestic producers, President Trump underscored his intent to tackle the issue of imports he believes are undermining US agriculture.
A key focus of his concern is the alleged dumping of Indian rice into the United States. American farmers have voiced grievances over plummeting rice prices, directly linking these declines to cheaper imports from nations such as India, Vietnam, and Thailand, which they claim are undercutting their own crops and profitability.