Donald Trump Tariff News: As soon as April 2 came, the wait for the whole world ended. The US did what the script was being written for months. Yes, Donald Trump announced a new tariff on countries around the world. This tariff declaration of America caused panic in the world. US President Donald Trump has taken a big step regarding the international trade policy. He announced a new tariff on imported goods from many countries around the world. Trump has named it discounted recipes. Donald Trump revealed how much tariff would be taken on goods from countries around the world including India, China and Pakistan. Donald Trump has imposed 26 percent tariff on India. China and Pakistan have got the most shock. Donald Trump has imposed 34 percent on China and 29 fasting tariffs on Pakistan. So let’s understand America’s new tariff war in 10 points.
1. US President Donald Trump has announced a counter -tariff on several countries on 2 April. 34% tariffs have been imposed on goods coming from China, 20% on goods coming from European Union and 10% on goods coming from United Kingdom. That is, President Trump has given the most blow to China. The lowest tariff is 10 Fasadi. There are many countries in this category.
2. Donald Trump said, ‘We give subsidy to many countries and carry them forward. They keep their business alive. Why are we doing this? I mean, when will we say that now you work for yourself. This is the reason why our losses are so high. This is the reason that in the last few years, so much debt has been increased on our head and now we are not going to tolerate it any more.
3. Donald Trump further said, ‘Amidst the ongoing economic war, America cannot move forward with the policy of unilateral economic dedication. We cannot pay losses from Canada, Mexico and so many other countries. We used to do this earlier. We can no longer do this. We take care of countries all over the world. We pay for their army. We pay for everything that they have to pay. And then when you want to reduce a little, they get angry that you are no longer taking care of them. But we have to take care of our people and we are going to take care of our people first. And I am sad to say this.
4. Along with India, now America will also impose 34% import tax on goods coming from China. Imports from European Union will be levied 20%, 25% on South Korean products, 24% on Japanese goods and 32% tax on Taiwanese imports. The President has announced a 10% basic import tax on imports from all countries and more taxes on those countries that run trade surplus with America.
5. Donald Trump put 25% tariff on all foreign automobiles. Pointing to inequality in motorcycle tariffs, he said that the US imposes only 2.4% tariffs, while countries like India and Vietnam charge a very high fee at the rate of 70% and 75% respectively.
6. Donald Trump said, ‘Such terrible imbalance has destroyed our industrial base and has endangered our national security. I do not blame these other countries at all for this disaster. I blame former presidents and previous leaders who were not doing their work… from midnight, we will all impose 25% tariffs on foreign -made automobiles.
7. America put more tariffs on which countries: Cambodia (49 percent), laos (48%), Madagascar (47%), Vietnam (46%), Myanmar (Burma) (44%), Sri Lanka (44%), Bangladesh (37%), Serbia (37%), Botswana (37%), Thailand (37%), Thailand, Indonesia (34%), Indonesia (34%) (31%), Taiwan (32%), South Africa (30%), Pakistan (29%), Tunisia (28%), Kazakhstan (27%), India (26%), Malaysia (24%).
8. America put less tariffs on which countries: European Union (20 per cent), Japan (24 per cent), South Korea (25 per cent), Malaysia (24 per cent), Kota de Ivar (21%) Israel (17 Found), Philippines (17 per cent), Norway (15%), Jordan (20 per cent), Nicaragua (18%).
9. Countries with 10 % tariff: United Kingdom, Brazil, Singapore, Chile, Australia, Turkish, Colombia, Peru, New Zealand, UAE, Domican Republic, Argentina, Ecuador, Guatemala, Honduras, Egypt, Saudi Arabia, Al Salvador, Morocco, Trinidad and Tobago.
10. What will be the effect of tariff on India? The US has not imposed as much tariff on India as it has imposed on Pakistan and China. There are many poor countries that America has given a big blow. The impact of 26 percent tariff on India will be affected, but how much damage will be done, it will be known only by analysis. However, Trump has indicated that India’s 26 percent tariff may also be reduced.
