Trump tariffs threaten to pile more pain on Thailand's rice sector
japantimes.co.jpPublished: 4/23/2025
Summary
Thai farmers, including 70-year-old Daeng Donsingha, are bracing for economic hardship as global rice prices have plummeted due to India's suspension of exports and U.S.-imposed tariffs that could further devastate demand in Thailand's most lucrative international market. With costs like fertilizers and farmland rent remaining high while prices fall, the industry is facing a severe blow, threatening profitability for millions reliant on this staple food.