The United States accused some countries, including India, and impose high tariffs on American products. The White House said it was wrong to do so and these countries have done a lot of damage to American exporters. White House press secretary Carolin Levit said countries like India, Japan and the European Union have imposed very high tariffs on American goods.
Applied to reciprocal tariff from April 2
Accusing India and other countries of imposing high tariffs, the United States has announced the implementation of reciprocal tariffs from April 2. So that American traders can get justice. The United States has accused India of imposing 100% tariff. Caroline Levit says India imposes 100 percent duty on American agricultural products. This makes it difficult for American products to reach big markets like India. He further said, “This duty is so high that it has become almost impossible to bring American goods in the Indian market.” In addition, Levite also mentioned 50 percent tariffs on US dairy products coming from the European Union, 700 percent tariffs on US rice coming from Japan and 300 percent tariffs on US butter and cheese coming from Canada. According to him, the high tariffs imposed by all these countries are causing major problems for American traders.
New rules will be applicable from April 2
US President Donald Trump has already announced that he is going to implement a new tariff plan from April 2. Which can make a major change in trade policy. Trump says that if a country imposes tariffs on America now. So America will impose the same tariff on that country. He said, ‘Now all this will happen in the same way.’ Everyone will know what duties are being imposed in the countries we trade with.
The purpose of the new tariff is to justify American trade
The White House has clarified that the reciprocal tariffs, beginning on April 2, are being imposed to justify American traders. Levit said the move was being taken in the interest of American manufacturers so that they could have equal opportunity worldwide. He also said that President Trump will announce this new policy on Wednesday and would be considered a historic step. The United States has strongly objected to the high tariff imposed by India and other countries and has announced the imposition of new retaliatory tariffs from April 2. The purpose of this move is to provide American traders equal opportunities for their products so that they do not face much challenge in foreign markets. Now it remains to be seen how this move will have an impact on global trade.