The effect of Trump’s tariff war is also seen in the global market. In response to the question asked about this, the Finance Minister said that our eye remains. If any step is taken by America about tariff on India. After this we will see what we can do in it, our preparation is complete.
Despite criticizing India on the tariff, Trump has kept India separate from 25% tariffs. After which it is being said that Trump is playing his friendship with PM Narendra Modi. This can give India an opportunity to increase export and foreign investment. At the time when Trump was announcing the increase in the truriff on Canada and Mexico, at the same time, the Government of India has cut the import duty of many things in the general budget. You will remember that in 2019, the Trump administration described India as the king of tariffs. After which it was being estimated that Trump could also impose tariffs against India.
India’s preparation is complete
The effect of Trump’s tariff war is also seen in the global market. In response to the question asked about this, the Finance Minister said that our eye remains. If any step is taken by America about tariff on India. After this we will see what we can do in it, our preparation is complete. The Finance Minister said that we want to say about custom duty that we have done a lot of work on it. So that the product does not harm the domestic industry. But import duty cannot be reduced. The country’s interests are the first.
Why is Trump imposing tariffs on all countries?
The White House has said that President Donald Trump is taking adventure action to prevent illegal immigration and to prevent the flow of poisonous fantanel and other drugs in our country to justify Mexico, Canada and China to make their promises accountable. The White House said in a fact letter on tariffs that the orders clarify that the flow of banned drugs such as fantanel in the United States through illegal distribution networks has created a national emergency including public health crisis.
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