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US Rice Exports to Costa Rica Have 'Plummeted,' USDA Says

U.S. rice exports to Costa Rica have “plummeted” following Costa Rica’s decision a year ago to reduce tariffs on rice from all origins, USDA’s Foreign Agricultural Service said in an Aug. 25 report. The agency said American rice exports to…

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Costa Rica fell 98% through June since the tariff reduction, adding that as “tariffs on South American-origin rice fell to 5 percent in August 2022, purchases of U.S. rice all but stopped."