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India Secures 5,000-Tonne Basmati Rice Deal with US After Tariff Cut - Shah Enterprises India has finalised a 5,000-tonne basmati rice export order with a US buyer after tariff reductions under the new India–US trade agreement. The revised 18% tariff structure improves competitiveness for exporters. Industry observers believe the deal could support Indian rice prices while boosting opportunities to export rice from India to high-value markets. Export bodies have also urged members to maintain strict quality standards to sustain global demand and long-term trade growth.