Archive · 15 Jan 2026

US Tariff Threat Disrupts India's Basmati Rice Exports to Iran

US Tariff Threat Disrupts India's Basmati Rice Exports to Iran

India's basmati rice exports to Iran are in trouble because the US has threatened to put a 25% extra tax on countries that trade with Iran.

This has made Indian rice exporters worried because Iran is a big buyer of their basmati rice.

The uncertainty has already started to affect rice prices in India.

The Indian government is planning to meet with exporters to understand their concerns and find ways to keep the shipments going.

Many exporters are routing their trade through the UAE to avoid some of the risks.

There are also problems with payments and communication due to unrest in Iran.

Meanwhile, India, which is leading the BRICS group this year, is focusing on working together to handle such global challenges.

Sources