US President Donald Trump announced a tariff against all the countries of Naduniya. Trump has imposed 34 percent tariff on China and 26 percent tariff on India. Trump announced the tariff and said that this is a liberation day, a day that we have been waiting for a long time. Meanwhile, the Prime Minister’s Office held a high -level meeting to assess the Trump Tariff order.
According to government sources, a high -level meeting of the PMO was called to assess the Trump tariff order. The Principal Secretary of the Prime Minister has chaired a high level meeting. Senior officials of Commerce Ministry, NITI Aayog, DPIIT and others have informed the PMO.
Minister of State for Finance said- will see how to deal with
At the same time, the reaction of Minister of State for Finance Pankaj Chaudhary has also come out on the announcement of Trump. Pankaj Chaudhary said, ‘America is the job. America is the first for Trump, India is first for Modi ji. We will review and see how to deal with. How will be seen will be seen. First the tariff will be seen and then we will consider what to do.
Also read: Trump Reciprocal Tariff: One country pauper … Trump’s tariff war from above, poor poor Pakistan!
Let us tell you that from yesterday, US President Donald Trump has implemented tariffs on the policy of tit on 60 countries around the world. India has been imposed a tariff of about 27 percent. Which is going to be implemented from 9 April. It has an impact from the stock market to India around the world. The rupee has rolled in early trade. What can be the effect on India about this tariff of Trump… Let’s see.
What did Trump say
However, President Trump has also told the countries of the world to exemption from the havoc of Tariff. Trump said, ‘If you want your tariff rate to be zero, then you should make your product here in America because there is no tariff. This tariff strike done by America has whatever effect the world has on the economy but it is considered harmful for some sectors of India. In which there are sectors ranging from textile, jewelery, electronic to automobiles where the effect can be affected. However, experts believe that China has imposed more tariffs than India on China, there is some relief for India.
(Input- Chetan Bhutani)