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US Tariff: US imposes 26 percent tariff on India, why did Trump give a 50 percent discount?
US Tariff: US President Donald Trump has announced new import tariffs on many countries on April 2. Trump's new tariffs will affect everyone from America's friends like India to enemies like China.
President Trump has imposed a new tariff of 34 percent on goods coming from China and 20 percent on goods imported from the European Union. He has imposed a 26 percent import tariff on India.
We are imposing half the tariffs that countries around the world impose on the US. Therefore, these tariffs are not as they seem. He has called the import tariffs imposed by India 'very harsh'.
"Indian Prime Minister Narendra Modi recently came to the United States. He is a very good friend of mine. I told him that you are my friend but you are not treating us right. India charges us 52 percent tariff, so we are going to charge them half, 26 percent tariff," Trump also said.
Donald Trump advised countries around the world, 'If you want to reduce import tariffs, first reduce your import tariffs.' If you set up your industry and manufacture products in the United States, there will be no tariff, Trump said.
US Tariff: US President Donald Trump has announced new import tariffs on many countries on April 2. Trump's new tariffs will affect everyone from America's friends like India to enemies like China.
President Trump has imposed a new tariff of 34 percent on goods coming from China and 20 percent on goods imported from the European Union. He has imposed a 26 percent import tariff on India.
We are imposing half the tariffs that countries around the world impose on the US. Therefore, these tariffs are not as they seem. He has called the import tariffs imposed by India 'very harsh'.
"Indian Prime Minister Narendra Modi recently came to the United States. He is a very good friend of mine. I told him that you are my friend but you are not treating us right. India charges us 52 percent tariff, so we are going to charge them half, 26 percent tariff," Trump also said.
Donald Trump advised countries around the world, 'If you want to reduce import tariffs, first reduce your import tariffs.' If you set up your industry and manufacture products in the United States, there will be no tariff, Trump said.
President Trump has imposed a new tariff of 34 percent on goods coming from China and 20 percent on goods imported from the European Union. He has imposed a 26 percent import tariff on India.
We are imposing half the tariffs that countries around the world impose on the US. Therefore, these tariffs are not as they seem. He has called the import tariffs imposed by India 'very harsh'.
"Indian Prime Minister Narendra Modi recently came to the United States. He is a very good friend of mine. I told him that you are my friend but you are not treating us right. India charges us 52 percent tariff, so we are going to charge them half, 26 percent tariff," Trump also said.
Donald Trump advised countries around the world, 'If you want to reduce import tariffs, first reduce your import tariffs.' If you set up your industry and manufacture products in the United States, there will be no tariff, Trump said.
