Indian rice exporters fall on reports of potential US tariffs

KRBL

09/12/2025 04:23

** Indian rice exporters fall as much as 7.6%

** U.S. President Donald Trump signaled that he could impose fresh tariffs on Indian rice, according to media reports

** "Daawat" brand rice seller LT Foods LTOL.NS falls 7.6%, steepest pct drop among peers

** U.S. is co's biggest export market

** GRM Overseas GRMO.NS sheds 4.2%

** "India Gate" brand KRBL KRBL.NS, Kohinoor Foods KOFO.NS down 2% and 1%, respectively

** On Monday, Trump unveiled $12 billion aid package for American farmers, who have sought aid for seeds, fertilisers  amid higher costs

** YTD, KOFO falls 39.5%, LTOT sheds 13%, KRBL rises ~25%, GRMO jumps 120%

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))