trade protectionism
Trump's Rice Tariff Threat: Impact on Indian Basmati Exports and US Consumers
Dec 09, 2025 05:38 pm CST
US President Trump's potential new tariffs on Indian rice may have minimal impact on Indian exports but could significantly affect American consumers. Industry experts note that basmati rice, which constitutes most of India's $390 million rice exports to the US, remains irreplaceable due to its unique qualities. The Indian Rice Exporters Federation highlights that previous tariff increases primarily resulted in higher retail prices for US consumers while Indian exporters maintained stable markets through global diversification.
China Condemns Trade Protectionism Ahead of Critical Trump-Xi Summit in South Korea
Oct 29, 2025 02:04 am CST
China's Vice President Han Zheng denounced "bullying" and protectionism at Saudi Arabia's Future Investment Initiative, just days before Chinese President Xi Jinping and US President Donald Trump meet in South Korea to negotiate an end to their prolonged trade dispute. With new tariffs threatened for November 1, this high-stakes diplomatic engagement aims to resolve tensions undermining global economic stability.