Freepik Ai
Talking to reporters at the White House, Trump said that if you look at the European Union on cars, the European Union has already reduced its tariff to two and a half percent. I think I heard some time ago that India is going to reduce its tariff to a great extent. US President Donald Trump further said that many countries will reduce their tariffs as they are improping tariffs on America. Tump believes that America’s trade deficit can be reduced with the help of tariffs. But there is also a truth that inflation in America can increase due to tariffs.
April 2 is the date when the recipe of American President Donald Trump will increase the beats of many countries. Trump has already announced that he will also apply reciperook tariffs on India from April 2. Trump has also talked about celebrating this day as Liberation Day. At the same time, Trump also says that India will reduce its tariffs on American goods to a great extent. Washington plans to impose recipes on several European countries including India. Trump will give a speech at the ‘Make America Veldi Again event’ at Rose Garden this evening. In this event, there will be an announcement regarding the reciperook tariff.
Talking to reporters at the White House, Trump said that if you look at the European Union on cars, the European Union has already reduced its tariff to two and a half percent. I think I heard some time ago that India is going to reduce its tariff to a great extent. US President Donald Trump further said that many countries will reduce their tariffs as they are improping tariffs on America. Tump believes that America’s trade deficit can be reduced with the help of tariffs. But there is also a truth that inflation in America can increase due to tariffs.
He has already imposed 25 percent tariffs on cars and auto parts imported in the US. This can make the prices of foreign cars in the US expensive. Reciperochl tariff means such as tit. That is, the country which puts the tariff on the American import will also be imposed on its import. This reciperook tariff will affect the countries that put more tariffs on American products. The US will now levy equal fees on goods imported from these countries. The new tariff may have a major impact on the international supply chain. According to the World Trend Organization, the average tariff is the highest 17 percent in India.
India can also adopt the way to give America discounts. India and the US are also working on bilateral trade agreement to promote trade and investment. The domestic industry and exporters have expressed concern over the possible impact of the US counter tariffs on India’s exports. India’s plan A, Plan B and Plan C will depend on these things how the US is imposing counter tariffs and which sectors will have the most impact.
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