Soumyabrata Roy/NurPhoto via Getty Images(LONDON) — The Trump administration’s tariffs on Indian goods, initially 25% and then additional 25%, “due to India’s direct or indirect importation of Russian Federation oil,” is expected to make Indian basmati rice significantly more expensive for American consumers. The floods submerged more than 150,000 hectares of farmland — an estimated 10% of potential output, the Indian Rice Exporters’ Federation (IREF) spokesperson told ABC News. Punjab province in Pakistan has also flooded, with the region producing 90% of the country’s Basmati rice. The Basmati rice market is expected to grow to approximately $27 billion by 2032, as per Market Research Future’s Global Basmati Rice Market report. “Pakistan can provide some basmati because of tariff difference, but can’t compensate for India’s quantity,” Vinod Kumar Kaul, executive director of India Rice Exporters Federation (IREF), said to ABC News.