Mint Quick Edit | A US anti-dumping duty on Indian rice won’t hurt much but would send the wrong signal
As of now, Indian rice faces a 50% tariff, but basmati exports to the US have reportedly held up, thanks to relatively inelastic demand. The volumes shipped are also modest, so an add-on levy may not be much of a blow. But if the US goes ahead, the signal sent would be distressing.
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