US President Donald Trump announced to impose reciperock tariffs on India and China

Reciprocal Tariffs on India: US President Donald Trump announced on Friday that he would soon put reciperook tariffs on countries like India and China. Trump said that America will impose the same tariffs that other countries put on the import of American goods.

America is why recipes are going to put up the tariff

Trump said, we will soon put reciperook tariffs- the more they charge with us, we will also charge them as much. Whether it is a company or a country like India or China, we also want to be fair, so we will apply recipe. Trump further said, we have never done this. We were preparing for it before the commencement of Corona.

Please tell that the Prime Minister last week Narendra Modi Before the bilateral meeting with, Trump commented on India’s tariff structure and said that India is the highest tariff -imposing country, so it becomes difficult to do business with India. Let us know that Trump mentioned the installation of recipes on India and China during a press conference when he was asked about Tesla’s CEO Alan Musk’s meeting with PM Modi.

What did Trump say?

Trump said, “Both met. I think he wants to do business in India. But it is very difficult to do business in India due to tariffs. Tariff is the highest in India, so it is difficult to do business. I think he should meet because he is running a company. He is doing something about which he has been thinking for a long time. ”

What is reciperook tariff?

The tax imposed on products imported from a country is called tariff. The importing company pays it to the government of its country and reciperook tariff means that if a country imposes 10 percent tariffs on the goods being imported here, then another country will also put the same tariff on the products asked for it. .

Also read:

Government will tighten the screws on cheap steel to be dumped from China to India! Preparation is to impose anti-dumping duty