The US has accused several countries including India of imposing high fees on US products. The White House said it is wrong to do so and these countries have caused great damage to American exporters. White House Press Secretary Caroline Lewitt said that countries like India, Japan and European Union have imposed a lot of tariffs on American goods.
Interpersonal tariff will be implemented from April 2
Accusing India and other countries of imposing high tariffs, the US has announced the implementation of mutual tariffs from April 2. So that American businessmen can get justice. The US has accused India of imposing 100% tariffs. Caroline Levitt says that India imposes 100 percent fee on US agricultural products. This makes American products difficult to reach large markets like India. He added, “This fee is so high that it has become almost impossible to bring American goods into the Indian market.” In addition, Levitt also mentioned 50 percent tariff on American dairy products coming from the European Union, 700 percent tariff on American rice coming from Japan, and 300 percent tariff on American butter and cheese coming from Canada. According to him, high tariffs imposed by all these countries are causing major problems for American traders.
The new rules will be applicable from April 2.
US President Donald Trump has already announced that he is going to implement the new tariff scheme from April 2. Which can lead to a big change in business policy. Trump says that now if any country imposes a tariff on America. Therefore, America will also impose equal tariffs on that country. He said, ‘Now all this will happen in the same way.’ Everyone will know what fees are being imposed in countries with which we do business.
The aim of the new tariff is to make American trade fair.
The White House has clarified that mutual fees to be implemented from April 2 are being levied to provide fairness to American traders. Lewitt said that this step is being taken in the interest of American manufacturers so that they can get equal opportunities worldwide. He also said that President Trump will declare this new policy on Wednesday and it would be considered a historic step. The US has strongly objected to the high tariff imposed by India and other countries and has announced a new counter -tariff from April 2. The move aims to provide equal opportunities to American traders for their products, so that they do not face further challenges in foreign markets. Now it remains to be seen what effect this step will have on global trade.
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