USA imposes tariffs on Indian goods, but India aims to boost rice exports despite challenges.

The US has imposed a 25% tariff on Indian goods and penalties for Russian oil imports, causing concern in India's agricultural export sector. However, Dev Garg, vice president of the Indian Rice Exporters Federation, remains optimistic. He believes India's strong economic fundamentals, record production, and falling rice prices could offset the tariff and help regain market share. The depreciating rupee and surplus stocks also bolster India's position, potentially enabling the country to exceed last year's rice exports to the US, possibly shipping over 250,000 metric tons.