It is 26% again: White House releases new doc with new tariff rates

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The White House document issued on Friday found that the reciprocal tariffs used by the administration reviewed at least 14 countries, including India. Originally India’s tariff pace was 27%, otherwise mentioned in the previous 26%, on April 2.

The reconsideration of the published data published by Bloomberg on Thursday was found on the interest rates on the further reciprocal tariffs in the Freedom Tariffs in the Garden of Rosehips.

The Indian rate was announced in the app document as 27% than 26% previously mentioned. Similarly, South Korea’s interest rate was 26% instead of 25%. At different pace, other countries included Botswana, Cameroon, Malawi, Nicaragua, Norway, Pakistan, Philippines, Serbia, South Africa, Thailand, Vanuatu and Folklu.

According to the executive order, all US trade partners exit 10% global tariffs from April 5 to the US trading tariff.

It should be noted that foreign areas of larger countries, such as reunion (which initially had 37% tariff) and other areas like St. Pierre and Michelon and Norfolk.

During tariffs at the White House, Trump stressed that the tariff is the main component of its management business. He highlighted the issue of India for compelling large imports on American goods and repeated the purpose of the United States to reduce trade deficit.

Trump also noted that Prime Minister Naryidra Modi is a valuable ally, but has expressed dissatisfaction with the treatment of the United States, saying that India does not meet their expectations in terms of trade relations.

Trump tariff war suddenly did not appear. Trump has been a stable opposition for forty years, making it a major political belief. This position against globalization was a consistent topic in 2016, in its presidential campaigns in 2020 and 2024.

The US strategy to implement mutual tariffs is focused on reaching zero bilateral trade with each trading partner. Tariffs are applied to 0% to 99%, respectively, at 20% and 41% on average pace, and the imported weighted, respectively. According to the Bloomberg report, the United States has consistently faced the current account deficit, challenge the common trade theories that once expected a natural trade balance.

India’s response

On Thursday, the Ministry of Commerce and Trade responded to the Latest Republic of the United States, expressing their commitment to maintain contact with US officials. According to the Ministry, it is actively involved in stakeholders, including Indian industry and exporters, to gather a response to tariffs and assess the current situation.

“Taking into account the vision of Vicsite BHARAT, the department is engaged in all stakeholders, including the Indian industry and exporters, taking into account the assessment of tariffs and assess the situation.

 
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