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Trump Tariff on Brazil: US President Donald Trump has also fired a tariff bomb on Brazil including India. He is doing this so that BRICS can weaken the directions.
Trump Tariff On Brazil: US President Donald Trump remains in the headlines due to his decisions. They are constantly putting tariffs on countries around the world. This is because he is engaged in weakening the BRICS directions. After making the tariff the biggest weapon, he has now targeted Brazil after Russia, China and India. Trump has imposed a tariff of about 50 percent on Bralees.
These countries have so much tariff
Trump had earlier imposed a 245 percent tariff on China, after which it has been reduced to 15 percent. Since then, 25 percent tariff has been announced on India from August 1. Now he has announced to impose 50 percent tariff on Brazil. Signed an executive order associated with this effect. Trump’s decision has come at a time when his administration is intensifying its aggressive activities in the ongoing trade war between the two countries.
White house gave information
Significantly, the White House has given information on the tariff on Brazil. He issued a statement that President Donald Trump has signed an executive order applying an additional 40 percent tariff on Brazil, making the total tariff fee to 50 percent. This step has been taken to deal with the recent policies, tasks and actions of the Government of Brazil, which is an unusual and extraordinary threat to the United States’ national security, foreign policy and economy.
Also read: Tariff Policy: Trump announces tariffs on 14 countries, response to trade with India
Trump signs orders
Trump said in the order that it has announced a new national emergency using the President’s authority under the International Emergency Emergency Economic Rights Act (IEEEPA) of 1977.
Tariff will be applicable from 1 August
At the same time, Trump will apply this tariff to many countries including Brazil from August 1. At the same time, he had also called for ending the case against the scorching leader Bolsonaro.
25 percent on India
US President Donald Trump has announced 25 percent tariff on India from August 1. According to the news agency PTI, amidst the signs of deadlock in the ongoing conversation between the two countries on the bilateral trade agreement, US President Donald Trump announced to impose tariffs. Trump announced the tariff, while proclaiming India’s high tariffs, “most” military equipment and energy from Russia, as well as “disgusting non-monetary trade obstacles”.
