Washington
The US has announced a 245 % tariff on import of Chinese goods. Till now it seemed to be 145 per cent, but when China also took a counter -action to 125 per cent on sugar imports, the US has also increased it. It has been informed by the White House late on Tuesday that the import of Chinese goods will now be tariff of 245 percent. Till now, 145 % tariff was being imposed on China, but on Tuesday it was increased by 100 % simultaneously. This decision from the US O is very strict, while it has stopped tariffs imposed on all countries including India for 90 days.
It is believed that in this period other countries can do trade deals with the US. Brainage has also started between India and America on the trade deal with backchainl. There is a discussion that the round of meetings can also begin from May. The US is stance about China that he is responding to the tariff with tariffs, while it should accept his mistake. The Trump administration says that the US is less tax on goods from other countries, while on its exports, many countries including China, India charge thick taxes.
Trump administration said- 75 countries contacted us for deal
In response to this, he has started a tariff war. Let us know that the White House says that China’s stance is stubborn, while about 75 countries of the world have contacted it for the trade deal. For this reason, he has postponed the tariff on many countries for 90 days and by then an attempt is being made to reach some consent. During this period, only 10 % basic tariff will be taken. Let us know that India also imposed a 26 percent tariff on India, which is currently put on hold. The effect of this is that there is excitement in the Indian stock market now and after the decline of several days, a phase of boom is being seen.