The United States on Thursday announced the imposition of new tariffs on most American trading partners, according to which Pakistan has been imposed by 19 % and 25 % by India.
According to the list of White House, 19 % tariffs have been imposed on Pakistan. The tariff is imposed at a time when US President Donald Trump on Wednesday announced on his social media trithe social media that “Pakistan and the United States will work together to increase the major oil reserves.”
After that, he clearly wrote that Pakistan was selling oil to India in the coming days.
Pakistan’s Finance Ministry on Wednesday hoped that it would reduce the counter tariff for the United States on Pakistani exports.
According to an AFP report, there are some changes in the US trade policy for different countries:
India
Trump said that 25 % tariffs will be imposed on Indian goods from August 1. In addition, India will also be punished for an unprecedented ‘punishment’ on the purchase of Russian weapons and energy.
This section includes relevant reference points (related nodes fields)
Trump wrote: ‘I don’t care what India does with Russia. If they want, they will take their dead economy with them. ,
Canada
Trump said the United States would increase the tariff from 25 % to 35 % on Canadian products. The move came when Canadian Prime Minister Mark Carney expressed his intention to recognize the Palestinian state at the United Nations General Assembly.
Trump wrote on his social media site Truth Social: ‘Wow! Canada has just announced that it is in favor of Palestinian state. This will make it very difficult for us to deal with them. ,
These taxes will be implemented from Friday, and will not apply to the commodities included in the US-Maxico-Canada Treaty (USMCA).
European Union
The European Union exports will generally impose 15 % tariffs.
The decision was decided to escape from a high level of 30 % between the two sides. European Commission Chairman Arsola Van Door Lane said that some agricultural commodities will be exempted from the deal.
French President Emmanuel Macron said it was not an end, but was the beginning, and he would take a ‘tough stand’ in future talks.
Mexico
Trump announced a 90 -day delay in implementing tariffs on Mexico. The decision came after a conversation with Mexican President Claudia Shenbam.
It was earlier announced that the tariff on Mexican products would be increased from 25 % to 30 % from 1 August, but now the decision has been postponed.
Products will be exempted under the current North American Trade Agreement.
South Korea
A few days before the tariff implementation, an agreement was signed between the United States and South Korea, under which the revenue on South Korean goods would be 15 % instead of 25 %.
Trump announced that South Korea would invest $ 350 billion and buy liquid natural gas and other energy worth $ 100 billion.
https://www.youtube.com/watch?v=v1vmv_ukqys
Tariffs on automated vehicles will also be maintained 15 %.
Brazil
Trump announced a tariff of up to 50 % on Brazil’s goods, but will be applicable from August 6 instead of 1 August.
Some items such as Santra Juice and Civil Air Craft are exempted from them.
This decision is a political nature and is designed to pressurize action against former Brazilian President Bolsoro.
Evening
Trump announced 41 percent import tax on Syria.
