
Trump Tariff: America Tuesday26 august To India But 25% Excessive Tariff Set up of official Notification Ongoing of, it Tariff Wednesday27 august To Morning 9:31 O’clock From Applicable yes Went Is, But There are many items on which Donald Trump could not dare to apply tariffs.
Let us tell you that on August 6, US President Donald Trump announced this tariff as a penalty for purchasing oil from Russia. At the same time, he imposed 25% additional tariffs on India from 7 August, citing trade deficit. That is, now a total of 50% tariffs will be on Indian goods exported to America.
But let us tell you that there are some areas where Donald Trump has not dared to put 50 percent tariff. The three areas of America’s tariffs which will not affect are IT, pharmaceuticals and electronic industries.
The current tariff on Pharma is 0%, but Trump has threatened to apply 150% in 18 months and then 250% tariffs. The discount will continue until it applies.
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Why could not Trump be able to put 50 percent tariff on these 3 things?
Talking about pharmaceuticals, India is the largest supplier of generic medicines and American healthcare system Cheap Indian Drugs But Enough extent till Dependent Is, If This Area But 50 Percent Tariff Imposed go Is, So Medicines Expensive yes Will go, By which America Of Inside Political Pressure And public In Displeasure Will increase,
Talking about smartphones and electronics, a large part of the supply chain of Apple, Samsung and other companies has been transferred to India in the US market. After moving away from China, these companies are increasing their production in India. If tariffs are imposed on these things, smartphones and electronics will become expensive for American consumers. Not only this, the sale of American companies will also be affected. At the same time, India wants to make India a manufacturing hub to compete with China, due to which the region has been exempted from tariffs.
Talking about energy and renewable products, America also needs exports to Indian petroleum and renewable energy sector.
Why was the shooter angry with President Donald Trump?
The post us-India tariff impact: Despite 50% tariff, India is required for these 3 things of America appeared first on Latest.
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