The recipe of Donald Trump, US President Donald Trump, is going to implement. Earlier, he has made it clear in an interview on Sunday that this tariff will not be limited to some countries, but will be applicable to all countries. Please tell that Trump has fixed the date of April 2, 2025 for this and has described it as ‘Mukti Divas’. Let us know that already tariffs have been put on aluminum, steel and automobiles, along with this tariff has been increased on all goods imported from China.
‘Talk about all those who talked about’
According to a Business Today report, Donald Trump while talking to reporters in Air Force One aircraft said on Sunday that reciperochl tariffs will start with all countries, essentially all the countries we are talking about. Explain that Trump has announced the implementation of mutual tariffs on those countries that charge a fee on American exports, which aims to equalize those tariffs accordingly, neither less nor much.
Trump ordered the list prepared in February
Significantly, in the month of February, President Trump had instructed the American trade authorities to prepare a list on the tariff to personally evaluate each country. However, recently, Trump had also indicated that they can also rethink the limit of their reciperook tariff. He has also suggested the possibility of implementing tariffs at low rates than tariffs imposed by other countries on America in some conditions.
’10 -15 country tariff list … ‘
The White House Economic Advisor Kevin Haset has said that the US administration’s tariff strategy will target 10 to 15 countries with the most important business imbalance. However, he did not say which countries will be the most affected by Trump Tariff. He said that President Donald Trump views tariffs as a means to save the domestic economy and talk on more favorable trade conditions for the country.
What is this reciperook tariff?
It is important to know between the global trade war that the recipe on which Trump is putting so much emphasis on the tariff or mutual tariff, what is it? So let us know that tariffs are called taxes, which are imposed on goods imported from another country by a country. That is, the country who puts the tariff on American goods, America will also put the same tariff on the goods of that country. Trump had said about the recipe rice during the presidential election campaign, ‘Like Tit, the second tariff instead of a tariff, the same accurate amount.’
Reciperochl tariff i.e. when one country imposes tariffs (import duty) on imported goods from another country, the other country also puts tariffs on the products of that country in the same proportion. This can be called ‘Tit Ko Tit’ policy in simple language. For example, if a country imposes 10 percent import duty on American products, then the US will also impose only 10 percent tariff on goods coming from that country.
It is through tariffs that the income of governments increases and through this also promotes domestic production. Reciprocal tariff, ie mutual tariff, is applied with the purpose of equality in business, but also has disadvantages, which can directly target the economy. In fact, the effect of reciperoch tariff is seen as inflation on the elasticity and the mutual relations of the countries coming under its purview are also seen.