Washington dc2 minutes ago
- Copy link
US President Donald Trump has stopped reciperoke (eg Tit) tariff for 90 days on all countries. He cited a new negotiation on trade with countries behind his decision turning.
However, he has not included China in this discount, but has increased China’s tariff from 104% to 125%. Trump took this action after 84% tariffs imposed by China.
White House Press Secretary Caroline Levit said that the tariff level would be reduced to 10% for all countries, which would be a necessary deduction for many countries.
Trump wrote on Truth Social-
China has shown disrespect for the global market, because of which I am increasing the tariffs imposed on China to 125%. This will be applicable with immediate effect. It is expected that in the coming times, China will understand that now the days of robbing America and other countries have gone.
Chinese goods will be sold more expensive in America The European Union (EU) on Wednesday reversed Trump’s tariff and approved a tariff of up to 25% on several American products. EU wanted to pressurize American to compromise through this.
According to the Washington Post report, many American products including soybean, meat, eggs, almonds, iron, steel, cloth, tobacco and ice cream were targeted in the EU list.
At the same time, the Ministry of Commerce of China has said that it has put 12 American companies in the export control list. Earlier, 6 companies were put in the list of ‘non -reliable’.
125% tariff on China has come into force from today. This means that from now on, Chinese goods reaching America will be sold at more than double the price.
Trump threatened China to increase tariffs Trump imposed a 10% tariff on China in February. After this, he again imposed 10% tariff in March. Earlier this month, Trump announced 34% more tariffs on China. In response, China also imposed 34% tariff on the US.
Trump said on Monday that if China did not withdraw 34% tariffs imposed on the US, it would have to face 50% extra tariff from Wednesday with 20% imposed in March and 34% tariff on April 2. After this, Trump imposed 50% tariff on China on Tuesday, which increased to 104%. Which was increased to 125% on Wednesday.
China had said- if the trade war was done then we ready On this threat of Trump, China had said that America is making a mistake on the mistake by threatening to increase the tariff on us. America’s blackmailing attitude is coming out. China will never accept it. If America insists on walking according to its own, then China will also fight till the end.
On Sunday, China sent a clear message to the world- ‘If the trade war is done, China is fully ready- and will be further strengthened.’ Chinese Communist Party mouthpiece People’s Daily wrote in a comment on Sunday: ‘American tariff will definitely have an impact, but’ the sky will not fall. ‘
China is insisting on increasing new industry and innovation China has government bonds of about 600 billion pounds (about $ 760 billion) in the US. This means that China has a great force to influence the American economy. At the same time, China has also started its preparation.
China has given an additional $ 1.9 lakh crore loan to the industrial sector. This intensified the construction and upgradation of factories here. Huawei has opened a research center for 35,000 engineers in Shanghai, 10 times larger than Google’s California headquarters. This will speed up technology and innovation capacity.
The Huawei company of China has opened a research center in Shanghai, which is 10 times larger than Google’s California headquarters. Photo- Huawei
Trump said- the crook and cheater criticizing the tariff
Trump said at the White House on Tuesday that whoever is criticizing the tariff is a crook and a fraud. He did not think when America lost 90 thousand factories.
Trump said that we are earning a lot of money from the tariff. America is getting more $ 2 billion (17.2 thousand crores) more every day. Many countries have looted us in every way, now it is our turn to rob.
According to media reports, by 2024, the US used to earn $ 100 billion from tariffs every year.
Trump said- Tariff is a medicine that will keep us fine
Trump said- I am proud that I am not of outsources (working in outside countries), but the President of laborers. I am a President who stands for Wall Street, but for Main Street (shops, small businessmen).
Trump also said that some people say, tariffs will increase prices. Is absolutely wrong. It is a small medicine. There is a little pain, which will keep us cured for a long time. China, Europe, all will come to talk with us. They will remove the tariffs, buy our goods and open factories here.
Trump imposes reciperook tax to increase production in America
US President Donald Trump announced a recipe rice tax on other countries on 2 April. It announced to impose 26% tariffs on India. During this, he said that India is very strict. Modi is my good friend, but is not treating us properly.
Apart from India, European Union will cost 20%, South Korea 25%, Japan 24%, Vietnam 46%and Taiwan will take 32%tariffs. The US has decided to put half a tariff on about 60 countries compared to their tariffs.
——————————–
Read this news related to Trump …
Donald Trump announced a tariff on medicines: said- Pharma companies will come back to America, Indian companies can suffer losses
US President Donald Trump has announced that we are going to put heavy tariffs on medicines soon. Trump said that his aim is to bring companies making drugs abroad back into the US and promote domestic medicine industry. Read full news here …