By Admin 
The US President’s Office White House has issued an order to postpone the additional customs imposed on India by July 9 this year. According to this government order, the decision to impose additional fees on India has been postponed for 90 days. Earlier on April 2, US President Donald Trump had announced a duty on imported products from about 60 countries and a separate high duty on countries like India.
Trump’s move was expected to affect sales from shrimp to steel products in the world’s largest economy. The purpose of his move was to reduce America’s big trade deficit and promote domestic manufacturing.
America imposed an additional import duty of 26 percent on India
The US imposed an additional import duty of 26 percent on India which is lower than in competitive countries like Thailand, Vietnam and China. This order of fee hike came into effect from April 9 but Trump has now postponed it for 90 days. However, this suspension of fees is not applicable to China besides Hong Kong, Macau.
10 percent base fee will be applicable
Along with this, the order of the White House states that 10 percent Aadhaar fee levied on the countries concerned will be applicable. A business expert said that 25 percent fee on steel, aluminum (effective from March 12) and vehicle-vehicle Kalpza (from April 3) will also continue. Director General of Exporters Federation of Indian Export Organization (Fio) Ajay Sahai said that semiconductor, medicine and some energy are in the category of exemption on excise duty.
US President Donald Trump claims
US President Donald Trump has claimed that leaders from all over the world are desperate to make a trade agreement with the US and are willing to do anything to compromise on the fee announcement. Trump said, “I am telling you, these countries are contacting us. Rubbing my nose in front of me. ”
Trump has imposed a variety of charges on various countries in the last few days, which has created a situation of global trade war. He said, “They are desperate to compromise. They are saying, “Please sir, compromise us, I will do anything for this sir.”