The second time Donald Trump, who became President of the US, has now threatened the European Union (EU) countries after imposing tariffs on Canada, Mexico and China. Trump said in an interview to the media that the decision to put tariffs on all the goods coming to America from the European Union will be taken soon. Earlier, Canada had announced a 25 percent tariff on goods coming from Mexico and 10 percent on goods coming from China. Now the European Union may also be involved. If Trump puts tariffs on the European Union, a total of 27 countries of the European Union, including France, Germany, Italy and Spain, may suffer losses.
Donald Trump, who arrived in Maryland from Florida, announced in front of the media that we would soon tax the European Union. In response to the question when this decision will be taken, Trump said that this decision will be taken very thoughtfully. Soon Expressing anger over the European Union countries, Trump said that they do not buy American cars and even remain reluctant to buy our agricultural products. European countries are not buying anything from the US, while on the other hand the US buys billions of dollars of cars, food grains and agricultural products from European Union countries. If Trump puts tariffs on the European Union, it can be a major setback for internationally renowned car companies.
Earlier, when Trump imposed tariffs on Canada, Mexico and China, he was criticized by the European Union and warned that we would also reply if the European Union was targeted. Mexico and Canada have also imposed tariffs on American goods. Due to this, the trade war between the US, the European Union and Canada on the other side, and Mexico and China have started. Trump has not yet taken any decision on Britain, when he was asked about Britain, he said that Britain is currently out of our tariff list. But right now we are talking about solving whatever issues between the two countries.
The United States is currently imposing tariffs on import of foreign goods in the United States. Trump is taking this decision with the claim that those goods will be produced in the United States and employment will increase. On the other hand, this decision has increased the risk of inflation in the US, because if all these items are manufactured in the US, then the cost of production will increase, whose burden companies will put on consumers. Earlier, Trump had also threatened BRICS countries, including India. However, Trump has not yet taken any decision regarding India. At the same time, the US has not yet given any clarification that it will not impose tariffs on India. But currently India is out of this tariff war.
