India's farm exports may withstand US tariffs as competitors face steeper duties, says economist

Despite the newly imposed 26% tariff by the U.S. on Indian goods, agricultural economist Ashok Gulati believes India may maintain or even expand its agricultural exports to the U.S. compared to regional competitors facing higher tariffs. With countries like China (34%), Vietnam (46%), and Thailand (36%) facing steeper duties, India holds a relative tariff advantage, especially in seafood and rice exports.

3 Apr 2025 8:23 am

Peace clause invoked 6th time to offer rice subsidies

India has invoked the peace clause at the WTO for the sixth time after exceeding the 10% subsidy ceiling for its rice farmers, reaching around 12% with $6.81 billion in subsidies. The country explained that the support is aimed at ensuring food security for its poor and vulnerable population.

3 Apr 2025 12:02 am