By Admin 
President Donald Trump announced to impose reciperoot tariffs on countries around the world. In this, this tariff has been placed on all countries around the world, including India. But the tariff rates are different. India was imposed on 27 percent tariff while 54 percent on China, 37 percent on Bangladesh, 36 percent on Thailand and 46 percent on Vietnam.
However, after this, this decision of Trump is constantly being criticized from countries around the world. But the question is constantly arising in the minds of the people that the rates of different tariffs were placed separately on countries around the world, how they have been decided. Regarding this, a formula on the Internet is constantly becoming viral and it is being said that the Trump administration has fixed the rates of reciperook tariffs on this basis.
Actually, a report by CNN states that the tariff that was imposed by the Donald Trump administration, not reciprocal recipes, but considering it with a lot of complexity, different charges have been fixed.
According to the basis of which calculation has been done by the US administration, which country’s trade deficit is divided from the export of that country in the US and then divide the number from 2.
CNN report has told that first of the social media platform X was done by journalist James Surowekee. Wall Street experts also supported it and later the Donald Trump administration also admitted that this calculation was used to fix the rates of tariffs.
Here, former RBI Governor Raghuram Rajan said on Thursday that the counter -duty of Donald Trump administration on about 60 countries will be stalked & lsquo; reverse & rsquo;. He said that its impact on India & lsquo; lower & rsquo; will be. US President Trump has announced to impose additional value-based duty from 10 percent to 50 percent on imports from all business partners.
He spoke to the news agency PTI said, “& lsquo; & lsquo; We should accept that in short -term, it will be the first and foremost to adversely affect the American economy.” This & lsquo; self -goal & rsquo; (To harm yourself). Talking about the impacts on other countries, the direct impact of any fee on India’s exports will be that prices will increase for American consumers, this will reduce their demand and consequently affect India’s economic growth. & Rsquo; & rsquo; & nbsp;