Washington: US President Donald Trump has finally announced a mutual tariff, calling for US economic independence on 2 April 2025. He has announced a 26 percent tariff on all imports from India. These tariffs will definitely have an impact on India, but the relief is that the tariffs are not as much than before.
It is believed that widespread discussion between the two countries in the last two months has helped reduce tariffs. The two are still under intensive talks on a wide and multidimensional basis.
Donald Trump has announced the implementation of 25 percent tariffs on the auto sector, as he earlier said and announced.
Trump said in his speech that the US imposes only 2.4 percent tax on imported motorcycles from other countries. While India levies 60 percent, Vietnam 70 percent and Thailand 75 percent taxes.
Trump said that every country may have its own reasons for installing high tariffs, but I see these heavy tariffs as a straight shock for American economy and American citizens.
Trump said in his speech that with this action we will bring back factories and jobs to America and this will give justice to our workers.
Prior to Trump’s speech, the Secretary of the White House Caroline Lewitt also strongly criticized India for imposing 100 percent tariffs on American agricultural products.
Trump said that if a country wants to reduce the tariff on it, then he will have to reduce the tariff on us. If you want to do zero percent, start manufacturing in America.
Caroline Levit stated that the US’s new Independence Day, April 2, declaration of 2025, is not only a significant turn not only in American political and financial history but also in world political history.
Perhaps the US can force this one step to re -shape the monetary policy of the entire world.
Trump claims that this will boost production in the US and punish those who have looted America for years. Thus, the great gambler Trump has played the biggest political and economic gambling of his career.
White House business advisor Peter Navaro suggested that the new tariff would receive a revenue of more than $ 600 billion per year, which will be the largest tax revenue since World War II.
Unlike the Republican claim, former member of economic advisors in the Democrats, Heather Boshle, said that Trump had done so during his previous administration and failed. Therefore, many people of his own party do not believe that this time also he will get success. He said that this would put a burden of $ 3,600 to $ 4,200 on each American family.
He said that those on whom trump tariffs will also be imposed tariffs against the United States.
Additionally, Senate Democratic leader Chak Shumor told a local newspaper that the mutual tax imposed by Trump is a step taken to save the US millionaires.
Trump’s move will increase the burden of inflation on common Americans, but American billionaires will become rich. The bounce in Tesla’s shares is an example of this.
Trump said that 90,000 factories in the US were closed under Biden’s rule and our tariff decisions are to improve the status of American workers.
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List of ‘Trump Tariff’ |
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|
૧. |
Cambodia |
૪૯% |
|
૨. |
Laos |
Pum% |
|
૩. |
Madagascar |
Put% |
|
P.P. |
Vietnam |
Pub% |
|
૫. |
Myanmar (Burma) |
Pap% |
|
B |
Sri Lanka |
Pap% |
|
૭. |
Bangladesh |
૩૭% |
|
M. |
Sabaya |
૩૭% |
|
૯. |
Botswana |
૩૭% |
|
૧૦. |
Thailand |
૩% |
|
૧૧. |
China |
૩૪% |
|
૧૨. |
Taiwan |
૩૨% |
|
૧૩. |
Indonesia |
૩૨% |
|
SDP |
Switzerland |
૩૧% |
|
૧૫. |
South Africa |
૩૦% |
|
Dhab |
Pakistan |
૯% |
|
૧૭. |
Tunisia |
૨૮% |
|
Dhamma |
Kazakhstan |
૨૭% |
|
૧૯. |
India |
% |
|
૦. |
South Korea |
૫% |
|
� |
Japan |
૪% |
|
No. |
Malaysia |
૪% |
|
૨૩. |
Ivory Coast |
૨૧% |
|
No. |
European Union |
૦% |
|
No. |
Jordan |
૦% |
|
No. |
Nicaragua |
Dham% |
|
૨૭. |
Philippines |
૧૭% |
|
ૐ૮. |
Israel |
૧૭% |
|
New |
Norway |
૧૫% |
|
૩૦. |
turkey |
૧૦% |
|
૩૧. |
Peru |
૧૦% |
|
૩૨. |
Costa Rica |
૧૦% |
|
૩૩. |
Dominican Republic |
૧૦% |
|
૩૪. |
United Arab Emirates |
૧૦% |
|
૩૫. |
New Zealand |
૧૦% |
|
૩ |
Argentina |
૧૦% |
|
૩૭. |
Ecuador |
૧૦% |
|
૩૮. |
Guatemala |
૧૦% |
|
૩૯. |
Honduras |
૧૦% |
|
Fifth note of musical scale. |
Egypt |
૧૦% |
|
Fifth note of musical scale. |
Saudi Arabia |
૧૦% |
|
Pan |
El Salvador |
૧૦% |
|
Fifth note of musical scale. |
Morocco |
૧૦% |
|
Pap |
Trinidad and Tobago |
૧૦% |
|
Fifth note of musical scale. |
Brazil |
૧૦% |
|
Pub |
Singapore |
૧૦% |
|
Fifth note of musical scale. |
Chile |
૧૦% |
|
Pum |
Australia |
૧૦% |
|
Payu |
Columbia |
૧૦% |
|
F |
United kingdom |
૧૦% |
The post Trump’s ‘explosion’: India has been imposed 26 percent tariff appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
