Try GOLD - Free
Trump tariff: India's basmati loss is Pak's gain
The New Indian Express Kozhikode
|August 08, 2025
THE 50% tariff US President Donald Trump slapped on Indian basmati rice exports could adversely affect Indian basmati rice exports, and Pakistan would be the gainer, increasing its market share in the US.
Currently, $1,200 is the average price per metric tonne. The new tariff would hike it to $1,800. On the other hand, the price in Pakistan, which enjoys a low tariff rate of 19 percent, would come to only $1,450, a difference of $350 per MT. The US Basmati market accounts for approximately 5 lakh metric tonnes (LMT). Of this, about 3 LMT worth $350 million comes from India and the rest from Pakistan.
This story is from the August 08, 2025 edition of The New Indian Express Kozhikode.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kozhikode
The New Indian Express Kozhikode
The Great Indian Aviation Robbery
The breakdown was not sudden, though it felt that way to those of us trapped in the glass-and-steel belly of Mumbai’s Chhatrapati Shivaji Maharaj International Airport that day.
4 mins
December 14, 2025
The New Indian Express Kozhikode
40-yr-old lynched to death in Bihar over religious identity
A 40-year-old man was lynched by a mob after ascertaining his religious identity in Bihar’s Nawada district, sources said on Saturday.
1 mins
December 14, 2025
The New Indian Express Kozhikode
Atmosphere electric as city hails soccer royalty
HYDERABAD put its best foot forward on Saturday by ensuring that the visit of Lionel Messi to India was a resounding success.
1 mins
December 14, 2025
The New Indian Express Kozhikode
Allahabad HC sets aside maintenance order in favour of working wife
THE Allahabad HC has set aside an order passed by a lower court of Gautam Buddh Nagar mandating a man to pay maintenance to his estranged wife.
1 mins
December 14, 2025
The New Indian Express Kozhikode
Tax dept intensifies action against fake deductions
THE tax department has intensified its action against bogus claims of deductions and exemptions under the Income Tax Act, using a data-driven approach to identify suspicious filings and intermediaries facilitating tax evasion.
1 min
December 14, 2025
The New Indian Express Kozhikode
Mess in Bengal, grace in Hyd
No glimpse of star leads to paying public rage
1 mins
December 14, 2025
The New Indian Express Kozhikode
INDIA CHOKES AS POWER PLAYS ON
POWER & POLITICS
5 mins
December 14, 2025
The New Indian Express Kozhikode
BIG TECH RUSH TO BUILD CLOUD, AI INFRA IN INDIA
HERE is a sudden downpour of Big Tech investments in India.
3 mins
December 14, 2025
The New Indian Express Kozhikode
Sebi chief seeks CAs’ help for robust market system
SEBI chairman Tuhin Kanta Pandey has sought active cooperation of chartered accounts (CAs) to build a stronger financial market architecture with standardised complex valuations by ensuring that price assumptions are consistent, transparent, and welldocumented.
1 min
December 14, 2025
The New Indian Express Kozhikode
5.7K trees to go for U’khand highway expansion
AS environmentalists continue to protest the felling of over 6,000 trees for a highway project in Uttarkashi, another major ecological concern has emerged from the Kumaon region.
1 min
December 14, 2025
Listen
Translate
Change font size