US President Donald Trump, along with Chinese President Xi Jinping, wrote something, sharing a photo of PM Narendra Modi and Russian President Vladimir Putin, which is very much discussed. After all, what is Trump’s statement, let’s know.
Donald Trump on India-Russia Relation: US President Donald Trump has spoiled his relations with India by imposing 50% tariffs. Its hallmark was also seen in a recent SCO meeting held in China, where the Chinese President was closely seen with Russian President Putin and Prime Minister of India Narendra Modi. A picture of the three leaders also became very viral with this meeting, which is knocking in Trump’s eyes somewhere. Perhaps this is the reason why Donald Trump made a post on his social media handle Truth on Friday, which is becoming very viral.
Did Trump really regret his actions?
Donald Trump wrote in his post- It seems that we have lost India and Russia to a deep and dark country like China. Hopefully the future of both will be good and better. On the one hand, seeing this post of Trump, it seems that he regrets his actions, but on the other hand, he also describes putting tariffs on India. Trump believes that if we do not impose tariffs on India, then America will have to suffer a lot of damage.
American court has misunderstood Trump’s tariff
An appeal in the US has termed the tariff excessively imposed on other countries including India and other countries. The court has clearly stated that the law that Trump has used to implement these tariffs does not give them such rights. At the same time, Trump says that this decision of the lower court may threaten the ongoing business dialogue with the European Union, Japan and South Korea during the last 5 months.
What did Trump say about imposing 50% tariff on India?
Trump said about imposing 50 percent tariff on India- India is killing us by putting more and more tariffs. It also includes countries like China and Brazil. During The Scott Jenning Radio Show, Trump said- India was the highest tariff country in the world, but after our retaliation, now he is offering me zero tariffs. If we do not impose 50% tariffs on India, then they never offer like this to America. Not only this, Trump described Tariff as necessary for economic development and US superpower.
What is tariff?
Tariff is a kind of import duty, which is imposed on goods coming from abroad. The higher this, the more expensive foreign goods in the domestic market. On one hand, the income of the government increases with the tariff, on the other hand domestic production promotes. Donald Trump believes that India collects a lot of tariffs on American goods, in such a situation, now the US is also imposing 50% tariff on India under the ‘Reciperook Tariff’ policy i.e. ‘like’ like ‘. This will make Indian goods expensive in the US market, which will affect Indian trade. Experts believe that exports from India to the US may fall by 40-50% due to tariffs.
How much tariff did Trump put on which country?
| Country | Reciperook tariff |
| Brazil | 50% |
| India | 50% |
| Iraq | 35% |
| Kazakhstan | 25% |
| Cambodia | 19% |
| Brunei | 25% |
| Bosnia and Herzegovina | 30% |
| Algeria | 30% |
| Canada | 35% |
| Switzerland | 39% |
| South Africa | 30% |
| Malaysia | 19% |
| Thailand | 19% |
| Germany | 15% |
Also read: Trump, who was stinging with Narendra Modi, Vladimir Putin and Xi Jinping, is stinging