US President Donald Trump has announced a new tariff policy. Under this system, import duty will be imposed on different countries at different countries. Trump has described it as a move for America’s “economic freedom”. However, after this decision, the possibility of global trade war and inflation has also increased.
Relief to India, but not complete
If you look at Trump’s new tariff rates, the situation in India can be said to be better than China and Pakistan. China has been imposed on China 34 percent, Pakistan 29 percent tariffs have been imposed, while India has been fixed at 26 percent.
Bangladesh will have to face 37 percent, Sri Lanka 44 percent, and Cambodia will have the highest 49 percent tariffs.
How much tariff was imposed on which countries
| Country | Tariff (percent) |
|---|---|
| India | 26 |
| China | 34 |
| European Union | 20 |
| Taiwan | 32 |
| Vietnam | 46 |
| Japan | 24 |
| South Korea | 25 |
| Thailand | 36 |
| Switzerland | 31 |
| Indonesia | 32 |
| Malaysia | 24 |
| Cambodia | 49 |
| United kingdom | 10 |
| South Africa | 30 |
| Brazil | 10 |
| Bangladesh | 37 |
| Singapore | 10 |
| Israel | 17 |
| Philippines | 17 |
| Chile | 10 |
| Australia | 10 |
| Pakistan | 29 |
| Turkas | 10 |
| Sri Lanka | 44 |
| Columbia | 10 |
Trump’s statement on Modi
Trump described Prime Minister Narendra Modi as his good friend at the “Make America Wealth Again” program. He said that India charges 52 percent of the fee from the US, while the US did not charge anything from India for years.
Trump said, “India is very strict. Prime Minister Modi has recently gone from here. He is my good friend, but I told him that you are not behaving with us. India charges 52 percent of us, while we did not charge them for decades.
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The Post Trump Tariff: 26 percent fee on India, higher rates on China and Pakistan, US President Donald Trump has announced a new tariff policy. Under this system, import duty will be imposed on different countries at different countries. Trump has described it as a move for America’s “economic freedom”. However, after this decision, the possibility of global trade war and inflation has also increased. Relief to India, but not completely looks at Trump’s new tariff rates, then the situation in India can be said to be better than China and Pakistan. China has been imposed on China 34 percent, Pakistan 29 percent tariffs have been imposed, while India has been fixed at 26 percent. Bangladesh will have to face 37 percent, Sri Lanka 44 percent, and Cambodia will have the highest 49 percent tariffs. How much tariff was imposed on Tariff (percent) India 26 China 34 European Union 20 Taiwan 32 Vietnam 46 Japan 24 South Korea 25 Thailand 36 Switzerland 31 Indonesia 32 Malaysia 24 Malaysia 24 Cambodia 49 United Kingdom 10 South Africa 30 South Africa 30 Brazilian 10 Bangladesh 37 Singapore 10 Israel 10 Israel 10 Israel 10 Australia 10 Australia 10 Australia 10 Pakistan 29 44 Columbia 10 Trump’s statement on Modi, Trump called Prime Minister Narendra Modi his good friend at the “Make America Wealth Again” program. He said that India charges 52 percent of the fee from the US, while the US did not charge anything from India for years. Trump said, “India is very strict. Prime Minister Modi has recently gone from here. He is my good friend, but I told him that you are not behaving with us. India charges 52 percent of us, while we did not charge them for decades. Conclusion first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
