India imposed 150% tariff on American liquor: America is working fast on the decision to impose tariffs on various countries. On Tuesday, the issue of tariffs imposed on the United States by various countries at the White House was discussed. This discussion specially mentioned that India is imposing 150 percent tariffs on American liquor and 100 percent on agricultural products.
White House Press Secretary Caroline Lewitt said that US President Trump is supporting mutual tariffs with the aim of maintaining balance and transparency in trade policies. Canada has been damaging Americans’ hard work by imposing tariffs on America for decades, while India also imposes 150 percent tariffs on American liquor.
Tariff’s burden doubles on Canada
Earlier, the US had decided to impose 25% tariffs on imported steel and aluminum from Canada. However, when Canada refused to pull its step back, the US doubled the burden of tariff (50 percent). This tariff was to be implemented from today. But suddenly the Trump government announced that it would not implement the tariff on temporary grounds.
Target India-Japan
Lewitt further stated in this regard that the US has a president who is concerned about the interests of American businesses and workers. If you consider Canada, it has applied 300 percent tariff on American cheese and butter. Japan has imposed 700 percent tariff on American rice. India is imposing 100 percent tariffs on agriculture and 150 percent on liquor.
Other countries looted America.
Announcing the tariff war, President Trump had earlier clarified that most of the countries of the world have looted it by putting heavy tariffs on America. Every company in the world is robbing America. We want to get back the property looted from us through this action.
Interpersonal tariff will be implemented from April 2
The US has indicated that it is ready to impose mutual tariffs on all the countries of the world since March 2 which is charging a tariff from it. Tariff’s policy in lieu of tariffs has also indicated the possibility of trade war in the world. On the other hand, the possibility of recession in the US has increased.
