After 50% India tariff, Donald Trump’s BIG move as US extends China tariff deadline for…
Earlier this year, the US and China involved in a violent trade war with tariffs that exceeded 100 percent sign. The two countries agreed to pause most of the tariffs in May after their representatives came together for the first time in Switzerland. Continue to read for more details.
US President Donald Trump.
The United States President Donald Trump signed an executive order that extends the tariff deadline for 90 days for China, and referred to a White House official of the news agency Reuters. This receives the deadline for the higher US tariff over Beijing until mid -November. The development comes hours after Trump praises China’s cooperation with the United States. China and the United States organized several rounds of commercial negotiations that resulted in the extension of the tariff deadline in recent months.
How much tariff us, China imposed each other?
Earlier this year, the US and China involved in a violent trade war with tariffs that exceeded 100 percent: Trump implemented a 145 percent blanket tariff to China with 125 percent tax on US goods. The two countries agreed to pause most of the tariffs in May after their representatives came together for the first time in Geneva, Switzerland. The US reduced the tariff rate to 30 percent, while China reduced to 10 percent.
How much tariff did he impose on India and why?
Trump’s deadline for China comes after the United States brought a large 50 percent tariff to the goods imported from India. At the beginning of August, the United States was promoted to the purchase of oil from Russia in the middle of the war with Ukraine in the middle of the war with Ukraine 50 percent after 50 percent days later in the new Delhi. India called the United States for “double standards”, referring to its trade with Moscow, describing tasks unjustly.
