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India imposes up to 52% tariffs on the US, so America will impose 26% tariffs on India. We will take about half of the tariffs from us as many tariffs are charged from us. Therefore the tariffs will not be completely reciperook. I could have done this, but it would be difficult for many countries. We did not want to do this. In such a situation, we have imposed a tariff of 26% on India.
US President Donald Trump has implemented its reciperook tariff on all the countries of the world. The special thing is that there are 11 countries of the world which have more tariffs than India. These include the name of China, Pakistan, where Trump has imposed 29% tariff on Pakistan, while China has been imposed a tariff of 34% from Trump. Trump has imposed a 26% Risiprockle tariff on India. Trump announced the Risiprockle tariff on India and said that India is a very difficult country. The people and the government there are very good and Prime Minister Narendra Modi is also his very good friend. Despite this, he imposes 52% tariff on America product.
India imposes up to 52% tariffs on the US, so America will impose 26% tariffs on India. We will take about half of the tariffs from us as many tariffs are charged from us. Therefore the tariffs will not be completely reciperook. I could have done this, but it would be difficult for many countries. We did not want to do this. In such a situation, we have imposed a tariff of 26% on India. A few hours after US President Donald Trump announced a 26 percent mutual tariff on India, a senior government official said the Commerce Ministry was analyzing its impact.
The universal 10 percent tariff on all imports entering the US will be applicable from April 5, while the additional 16 percent will be effective from April 10, making the total tariff 26 percent. Officials said the ministry is analyzing the impact of the declared tariff declared. If a country successfully addresses its concerns, the Trump can reconsider the administration fees. This development occurred at a time when India and the United States are already interacting with the aim of finalizing the first phase of the bilateral trade agreement this year. Despite the recent announcement of tariffs, the officer described the situation as a mixed bag instead of a blow to India, emphasizing that the ongoing conversation could still give positive results.
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