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Donald Trump Tariff: US President Donald Trump has signed on the order to implement tariffs on 70 countries including India.
Donald Trump Tariff: Taking a big decision, US President Donald Trump has signed an order to impose a tariff of 10 to 41 percent on 70 countries around the world including India. Signing this, Trump said that this step has been taken to remove trade imbalances that have been going on for years and strengthen America’s economic security.
This was mentioned on the statement released from the White House
At the same time, according to a factory issued by the White House, this order depends not only for changes in fee rates, but also the date of the implementation of these tariffs. At first, Trump had chosen the day of August 1 to implement the tariff so that the trade agreements can be completed with all countries, but now these tariffs will come under effect for 70 countries which these tariffs are installed. In such a situation, if any goods have been loaded on the ship by August 7 and it reaches America by 5 October, then a new tariff will not be implemented on it.
These countries have so much tariff
It is worth noting that according to the new tariff rate, exports from India will be charged 25%, 20% on goods coming from Taiwan and 30% on goods coming from South Africa. At the same time, Pakistan has 19 percent tariffs and 15 percent on Japan. Trump has imposed 30 percent tariffs on South Africa, 15 percent on South Korea and 20 percent on Sri Lanka. Apart from this, Taiwan is involved in 20%, Iceland, Norway, Fiji, Ghana, Guyana and Ecuador on which a tariff of 15%has been imposed on.
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From when will the new policy be implemented
Here, let us tell you that in the factory released by the White House, it has been told that the tariff rate was to be implemented from August 1, but it has been said to be implemented a week after the order.
How much tariff was placed on which country
- Afghanistan -15%
- Algeria – 30%
- Angola -15%
- Bangladesh – 20%
- Bolivia – 15%
- Bosnia and Herzegovina -30%
- Botswana – 15%
- Brazil – 10%
- Brunei – 25%
- Cambodia -19%
- Cameron – 15%
- Ecuador 15%
- Equatorial guinea 15%
- Ghana – 15%
- Guyana 15%
- Iceland 15%
- India 25%
- Indonesia 19%
- Iraq 35%
- Israel 15%
- Japan 15%
- Jordan 15%
- Kazakhstan – 25%
- Laos 40%
- Lesotho 15%
- Libya 30%
- Liechtenstein – 15%
- Madagascar – 15%
- Malawi 15%
- Malaysia 19%
- Myanmar 40%
- Namibia 15%
- Nauru 15%
- New Zealand 15%
- Nicaragua 18%
- Nigeria 15%
- Pakistan 19%
- South Africa – 30%
- South Korea – 15%
- Sri Lanka – 20%
- Switzerland – 39%
- Syria 41%
- Taiwan 20%
- Thailand 19%
- Turkas 15%
- Vietnam – 20%
- Zimbabwe – 15%
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