Donald Trump spreads trade war - imposed 27% tariff on all goods exported from India.
Ever since Donald Trump became the US President for the 2nd time, he has let loose a trade war on other countries. He has imposed huge tariffs on imports from other countries. Yesterday, he imposed a shocking 27% tariff on all goods that India exports to the US. This will severely affect export of Indian goods to the US. While doing so, Donald Trump has accused that India has imposed 52% tariff on all goods exported from the US to India. Donald Trump has also increased tariffs on many countries including China, Canada and the European countries. But, all those countries have retaliated by imposing higher tariffs on American goods. But, India has not taken any such retaliatory measure on the US. It is important to note that, Donald Trump is also spreading tension throughout the world. Canada is the 2nd biggest country in the world and is a close ally of the US. But, Donald Trump has said that, he would make Canada as the 51st state of the US. Donald Trump has also announced his intention of capturing Greenland. He has also given a wonderful idea to resolve the Palestinian crisis. He has said that he would evacuate all Palestinian’s from Gaza and would convert Gaza into a tourist place.
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