America shook them by applying counter tariffs on many countries of the world. On April 2, the decision taken by US President Donald Trump was shaken by the whole world’s economy. After this, the White House has exempted 70 countries of the world except for 90 days, except China. Pose a pose. Now a big news is also coming from the European Union. The EU banned goods coming from America by July 14 on a tariff of about $ 21 billion.
The tariff war from America was seen on the world’s stock markets. Fierce selling was seen in all markets of Asia including the Indian market. But now after the decision of tariff pose made by the US, the European Union has also banned the tariff on USA by 14 July 2025. This is expected to bring stability in the world’s market. The speed of the tariff war may slow down.
America has imposed 20 percent tariff
The US has imposed a 20 percent tariff on the European union, with which the EU chief Maros Sefkovic came to Washington to talk to the US government. The European Union last week stopped its retaliation on steel and aluminum and auto sectors. However, now the EU has banned American Goods from tariff till 14 July.
He said that we will talk on tariffs for 90 days. Our aim is not to create any kind of stress. Tariff War is at risk of financial loss to both sides as well as the global economy. The way US President Trump had imposed tariffs on countries around the world. Now he is softening. Because it is also affecting America. First he posed 90 days tariff. Then the electronic items were removed from the reciperoch tariff.