Today's News Bro

Fresh News, Every Day!

America accused India of imposing 100% tariff, will we increase India’s difficulties from April 2

US on Monday accused some countries including India that they are imposing a lot of tariffs on American products. The White House said it is wrong to do so and these countries have caused a lot of damage to American exporters. & Nbsp;

White House Press Secretary Karolin Levitt said that countries like India, Japan and European Union have put a lot of tariff on American goods. & nbsp;

India accused of imposing 100 percent tariff

Karolin Levitt says that India imposes 100 percent fee on American agricultural products, which makes it difficult for American products to reach big markets like India. He further said, ‘This fee is so high that it has become almost impossible to bring American goods into the Indian market.’ & nbsp;

In addition, Levitt also mentioned 50 percent on US dairy products from the European Union, 700 percent on American rice from Japan and 300 percent on American butter and cheese from Canada. According to him, high tariffs imposed by all these countries are causing great problems for American traders. & nbsp;

New & nbsp;

US President Donald Trump has already announced that he is going to implement a new tariff plan from April 2. Which can bring a big change in business policy. Trump says that if any country will levy a fee on America, then America will also impose the same fee on that country. He said, ‘Now all this will happen equally. Everyone will know what fees are being imposed in the country with which we do business. & nbsp;

Motiv of new fee is to provide justice to American business & nbsp;

The White House has clarified that reciperook tariffs starting from April 2 are being implemented to provide justice to American traders. Lewitt said that this step is being taken in the interest of American producers, so that they can get equal opportunities in the whole world. He also said that President Trump will declare this new policy on Wednesday and it will be considered a historic step.

America has strongly objected to the high fees levied by India and other countries and has announced to implement the new defendant fee from April 2. The move aims to give American traders equal opportunities for their products, so that they do not face much challenge in foreign markets. Now it remains to be seen what will affect the global trade with this step.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *