America on India 26: Percent tariffs have been announced. However, it was later revised to 27 percent. Now it has been improved once again. Documents released by the White House on Friday confirmed that the Trump administration has reviewed the mutual tariffs for at least 14 countries including India. The new documents show that the tariff has been revised and fixed at 26 percent.
US President Donald Trump also said on 2 April that New Delhi is not treating Washington properly. And for this, he has decided to impose 26 percent tariffs on the world’s fifth largest economy. This is part of our policy. It aims to promote domestic manufacturing in the US and reduce trade deficit with India. The trade deficit in 2023-24 was $ 35.31 billion.
Research at rates in these countries also
The rate of South Korea has also changed. Donald Trump’s announcement imposed 25 percent tariff on South Korea. Later it was increased to 26 percent in the document. Now it has been again increased to 25 percent. Apart from this, Botswana, Cameroon, Nicaragua, Malawi, Norway, Pakistan, Philippines, Serbia, South Africa, Thailand, Vanuatu and Falkland Islands are also included. Under the executive order of Trump, who implemented a mutual tariff policy, all the US business partners started imposing 10 percent tariffs globally on 5 April.
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