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Trump will announce the reciperook tariff at 1:30 pm Indian time.
US President Donald Trump will announce the installation of Tit Tariff (Reciperook Tariff) today on Thursday. Trump will give a speech at the ‘Make America Veldi Again event’ at Rose Garden, at 4 pm local time (Indian time at 1:30 pm Indian time). In this event, there will be an announcement regarding the reciperook tariff.
Here, the Government of India has created a control room to monitor the announcement of Trump’s reciperook tariff. Officials of the Ministry of Commerce and Industry will be present in the control room. All these will evaluate the possible impacts of American tariffs on India’s trade.
On Tuesday, on Tuesday, the White House Press Secretary Carolin Levitt said- the tariff will be implemented soon after the announcement. At the same time, White House associate Peter Navarro claimed that the revenue would increase by 6 trillion dollars in the next decade.
Trump has named Liberation Day on 2 April. From this day, he is going to install reciperook tariffs on many other countries including India.
Actually, tariff is a kind of border fee or tax, which any country imposes the goods coming from abroad. This tax is levied on the importing company. The country controls the business among themselves only by decreasing it.
Trump had said- will impose 100% tariffs on India from April 2 In the joint session of the US Parliament, Trump said- India charges more than 100% tariffs from us, we are going to do the same from next month. He announced that under his administration, if a company would not make its product in the US, it will have to give tariffs. In some cases, this tariff will be very large.
He said that other countries impose heavy tax and tariffs on America, while America imposes them very little. This is very unjust. Other countries have been putting tariffs on us for decades, now it is our turn.
The tariff was announced by Trump on 5 March in the joint session of the US Parliament.
Trump said that from April 2, the ‘Reciperook Tariff’ will be applicable in the US. That is, the more tariff they will apply on us, the more we will apply on them. The more tax they will impose on us, the more tax on them. Trump laughed and said, ‘I wanted to implement it on 1 April, but then people would consider it as’ April Fool ‘.’
Trump had said that India charges a lot of tariffs from us After the announcement of the tariff, on March 7, Trump said that India charges a lot of tariffs from us. You cannot sell anything in India. However, India now wants to cut its tariffs a lot, as we are opening their actions.
He said- Our country has been looted by everyone, but now it has stopped. I had closed it in my first term. Now we are going to close it completely, because it is very wrong. America has been looted by almost every country in the world from the point of view of economic, financial and business.
US President’s big claim, India agrees to reduce tariffs Meanwhile, Trump claimed that India has decided to reduce tariffs on American products to a great extent. He said that many countries will reduce their tariffs because they know that they have been wrong with America. The European Union has already reduced its tariff to 2.5%. I recently came to know that India is also going to reduce its tariff to a great extent.
Trade ministers from China, Japan and South Korea held a meeting on Sunday.
At the same time, China, Japan and South Korea have united against Trump’s decision. This has been claimed in a post conducted by a social media account related to the Chinese State Media CCTC.
China, Japan, South Korea can make free trade agreement China, Japan and South Korea held economic discussion on Sunday five years later. During this discussion, the three Asian countries will promote mutual trade amid the announcement of additional tariffs by Trump. Apart from this, trade ministers of the three countries have also expressed the possibility of free trade agreement among themselves.
India has rejected such claims of America first About three weeks ago, Trump made a similar claim about India. The claim was then rejected by the Government of India. Indian Commerce Secretary Sunil Barthwal had told the parliamentary panel that India had not given any commitment regarding tariff cuts with the US.
Giving information to the Parliamentary Committee of Foreign Affairs, Sunil Barthwal had made it clear at that time that the talks between India and the US are still going on and no trade agreement has been finalized yet. Barthwal said that the claims and media reports of the US President cannot be trusted. India’s interests will be taken care of in any trade talks.
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Today’s Excellener, Trump ran a sword on China-Canada, is the next number of India; How did the tariff create panic in the world
US President Donald Trump has discovered a favorite solution for all America’s problems- Tariff. On 1 February, Trump announced 25% tariffs on goods coming from Mexico and Canada and 10% on China goods.
A day later, on Sunday, February 2, Trump said that he will soon implement tariffs on European Union too. Trump has been constantly threatening to impose 100% tariffs on BRICS countries. India is one of them. Read full news …