Washington: US President Donald Trump addressed the Senate and announced the implementation of mutual fees from 2 April. He targeted countries like India, China, South Korea, Mexico and Canada to levy fees on US products. He mentioned India twice and said that India imposes 100 percent tariffs on our products. He said that the products coming in the US, including agricultural products, come without testing, are dirty and I will impose heavy taxes on them. Because of this, this will not come, this will benefit American farmers.
China also does the same and South Korea charges three to four times more tariffs. In this way we protect South Korea from North Korea. We also provide them military assistance. Nevertheless, they impose heavy taxes on our products. Canada and Mexico are also not untouched by this. President Trump addressed the Senate for about two and a half hours. Perhaps this will be a record so far.
Canada does not even have its own army, we are responsible for protecting it and also pay it, yet Canada tariffs American products. Thus, America is looted by both his friends and enemies. But now it will not work. I will bring back the money they have collected by looting America as much as they put on our products, by imposing as much tax on their products.
Trump said that the agricultural products coming to the US are dirty and without testing. I will put a tariff on it. I will take all the steps to benefit American farmers.
This will create millions of jobs in America. I will not allow any item that is not constructed in the US to sell there. He said that I have made it clear to Prime Minister Narendra Modi that his administration will soon impose mutual tariffs on India and China. He emphasized that no one can argue with me on this issue. Trump has earlier called India a tariff king. China doubles our products and we will pay the same tax. South Korea puts four times four times and we will also put four times. Canada and Mexico have imposed 25 percent tariffs on us. We will put the same tariff on them. This mutual tariff will be effective from April 2. Following Trump’s order, Canada also stated that it would impose 25% tariffs on US $ 30 billion imports from March 4. While Mexico said it would announce measures to put tariffs on American products on Sunday. China has also announced a 15 percent tariff on major US agricultural products from April 2.
Trump said that if any country or economy will not give us access to our market, then we too will not let them reach our market. Do not let them trade with us. It will be difficult for them to do business with us. Trump claims that America’s trade deficit with India is $ 100 billion and he and Modi talked about ending trade discrepancies in the next four years, but they did nothing in those four years. We definitely want equal opportunities.
Trump surprised by thanking Pakistan in his speech!
In his first address to the Congress in his second term, US President Donald Trump thanked Pakistan for running a terrorism factory. He thanked American soldiers in Kabul for helping him arrest the mastermind of the ISIS attack while returning from Afghanistan. Trump first mentioned Pakistan while addressing the Congress. Following Trump’s comments, there has been speculation again about the relationship between Islamabad and Washington. Pakistan recently arrested a senior commander of ISIS while taking action based on CIA intelligence.
The United States claims that it conspired to bomb the bomb blast during the 2021 return from Afghanistan. Thirteen American soldiers and 170 Afghan citizens were killed.
The trade between India and the US is $ 129.9 billion.
New Delhi: According to US estimates, in 2024, trade between India and the US will be $ 129.4 billion. The United States will export $ 41.8 billion in 2024, which is 3.4 percent higher than in 2023. In contrast, the US imports from India were $ 87.4 billion. Which indicates an increase of 3.7 percent compared to 2023. Thus, the US trade deficit with India at the end of 2024 will be $ 45.74 billion, which is half of Donald Trump’s claim of 100 billion dollars.
Tariffs have been implemented from April 2, so I don’t think I am making April flowers: Trump
Washington: US President Donald Trump addressed the joint session of the US Congress on Wednesday.
He said that he would impose tariffs on other countries including India from April 2. He said that he wanted to implement mutual tariff from April 1, but the day is April Fool’s Day. If he had announced a mutual tariff on the countries of the world on April Fool Day, those countries would feel that they were being fooled. So I did not want to blame the mockery of this April flower on myself. We will suffer a lot due to a delay of one day, we will have to suffer a lot of loss, but still we will do this, I am a staunch supporter of these things.
