Trump Tariff Latest News Pakistan: Heavy tariffs on India, Pakistan and Bangladesh, applicable from 2025

Washington: When most people were sleeping in India, President Donald Trump was shocking the whole world while sitting in America. Trump announced his latest tariff on Wednesday as per local time. It has created a stir in the whole world. Trump did not leave friends in putting tariffs either. Announced it in a speech in Rose Garden of White House, which was eyeing the whole world. Trump had taken a chart in his hand, on which the names of the countries were written. It was told that after all, how much tariff this country imposes on American goods and now how many recipes will put on them. Trump named ‘Liberation Day’ i.e. Mukti Day. Tariffs will be applicable from 9 April 2025. Baseline tariffs of already declared 10 % declared on all imports will also be effective.

Trump imposed a 26 percent tariff on India. According to Trump’s poster, India imposes 52 percent tariff. Trump said, India is very strict. PM Modi is my good friend, but I said that you are my friend, but you are not treating us properly. They impose 52 percent tariffs on us. You have to understand that we did not take almost any tax from them for years and decades. Referring to the tariff on the motorcycle, he said that the US collects only 2.4 percent import duty on motorcycles from other countries, while many countries charge 60-70 percent tax.

Pakistan-Bangladesh shock more than India
Trump’s tariff has also run on India’s neighbors. Trump has also announced tariffs for Pakistan and Bangladesh. But the tariff on both countries is more than India. According to Trump’s poster, Pakistan imposes 58 percent tariff on America. In response, the US has announced 29 percent tariff. At the same time, Bangladesh imposes 74 percent tariffs on American goods. The US has announced 37 percent tariff on it.

What will be the effect on India-Bangladesh?

This tariff of Pakistan is only 3 percent more than India, but can also become a big threat to its economy. Because Pakistan’s textile industry sends a large part of export to the US. He is already struggling with competition and domestic crisis in the world. At the same time, the readymade garment industry of Bangladesh, which is the backbone of its economy and exports about $ 6 billion to the US, will be badly affected by this policy. Both countries are already seeing economic crisis. For them, this tariff will not only increase trade deficit, but will also reduce employment and foreign exchange reserves.

The highest and lowest tariff on

• Cambodia: 49%
• Vietnam: 46%
• Sri Lanka: 44%
• Bangladesh: 37%
• Thailand: 36%
• China: 34%
• Taiwan: 32%
• Indonesia: 32%
• Switzerland: 31%
• South Africa: 30%
• Pakistan: 29%
• India: 26%
• South Korea: 25%
• Japan: 24%
• Malaysia: 24%
• European Union: 20%
• Israel: 17%
• Philippines: 17%
• UK: 10%
• Brazil: 10%
• Singapore: 10%
• Chile: 10%
• Australia: 10%
• Türkiye: 10%
• Colombia: 10%