US President Donald Trump has once again given a big statement regarding his tariff policy. Trump has said that soon every citizen of America (except the rich) will be paid $2,000. This amount will be given from the tariff revenue collected by his administration.

“People who are against tariffs are fools!” Trump wrote on his social media platform Truth Social. He claimed that during his tenure, America became the richest and most respected country in the world, where inflation was very low and the stock market had touched record highs.

Trump made a big claim

Trump also said that the US is earning trillions of dollars from tariffs, which will not only be used to reduce the $37 trillion national debt, but will also be distributed as dividends among ordinary citizens. According to him, every American (except high-income group) will soon get an amount of at least $2,000.

What did Trump write in his post?

He also mentioned the record-breaking achievements of the American economy in his post. Trump wrote, “401K (retirement savings) are at an all-time high. New plants and factories are being built across the country.” However, Trump has not given any clear information regarding the process or timeline for implementing this plan.

US Finance Secretary had said this

US Treasury Secretary Scott Bessant told CNBC in August that the administration is focused on reducing the $38.12 trillion national debt, for which tariff revenues are being used.

This statement comes at a time when the US Supreme Court is investigating whether Trump had misused his executive powers and imposed overly broad tariffs. Trump described this court investigation as completely baseless and said that tariffs are his most powerful economic weapon. Trump said, “We are earning trillions of dollars. This policy is making America strong, prosperous and self-reliant.”

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There may be a meeting between US President Donald Trump and Chinese President Xi Jinping next month in the midst of a ruckus over the tariff. This meeting is going to be held after the SCO Summit in Tianjin recently, due to which the eyes of the world are on it. However, so far no information has been given by the White House regarding this meeting.

If sources are to be believed, it is possible to meet between the two leaders during the APEC summit in South Korea. APEC is considered to be the main platform of discussion on economic cooperation and strategic policies in the Asia-Pacific region. This time the importance of APEC has also increased because due to the tariff of Trump, there is anger among its member countries.

Swords were drawn between China and America over tariff

The trump administration’s anti -China policies, especially tariffs and business restrictions, have been a major cause of tension between the two countries. Trump recently accused China of conspiring against the US with Russia and North Korea. In such a situation, the possible meeting of Trump and Xi can prove to be a new twist of bilateral relationships, not only formalities.

This meeting is also an opportunity for Trump to respond to his critics. Republican Party and international analysts recently questioned Trump on the hosting of Prime Minister Narendra Modi, Vladimir Putin and Kim Jong-un on behalf of China. If Xi Jinping and Trump interacts in APEC, it can also be a sign of possible improvement in America-China relations.

Putin-Modi attended SCO meeting

The presence of Prime Minister Narendra Modi, Vladimir Putin and Kim Jong-un caught the world’s attention at the recent Shanghai Cooperation Organization (SCO) conference held in China. Trump called this strategic hosting of China as a conspiracy against the US. He made a sharp comment on social media saying that “It seems that we have lost India and Russia to China. However, he tried to partially back with his talk, stating his relations with Prime Minister Modi as strong and friendly. Still it is clear that countries like India, Russia and North Korea have indirect influence on America-China relations at this time.

Also read: ‘Trump will have to go now’, the decision of US President, against which people took to the streets in Washington

Udit raj backed peter navarro: Peter Navaro, Advisor to US President Donald Trump, is constantly making anti -India rhetoric. Recently, he alleged that Brahmins are earning profits in India by purchasing oil from Russia. His statement is being criticized in the country.

Former Congress MP Udit Raj supported this claim of Navaro. He said that corporate houses in India are operated on a large scale by upper castes and the benefits of buying oil from Russia are limited to them.

Udit Raj said this in support

Udit Raj said, ‘What Peter Navarro said is factually correct. It will take a long time for backward castes and Dalits in the country to establish big corporate houses.

Peter Navarro gave a disputed statement

Navaro criticized India’s trade policies and called the country a ‘Maharaja of Tariff’. He said that due to India buying oil from Russia, war is getting funds in Ukraine. He also questioned PM Modi’s recent diplomatic efforts with Russia and China. Navaro said that Brahmins are earning profits at the cost of common Indians and America wants it to be closed. He also said that India’s mixing with the rulingists is not correct according to democracy.

India has taken a tough stand

India took a tough stand on Navaro’s comment and said that energy purchases from Russia are part of the global market operations. This benefits the Indian economy. India also made it clear that this income does not go directly to the war fund of Russia. Despite the US pressure and additional tariffs, India is now insisting on further strengthening its relations with Russia and China in the changing global scenario.

New Trump Tariff Announced: US President Donald Trump has announced to implement new tariff rates on 6 countries. These countries include the Philippines, Iraq, Moldova, Algeria, Libya and Brunei. The new tariff order will be applicable from 1 August 2025. This decision has come when Trump has already announced tariffs on 14 other countries including South Korea and Japan. Now these 6 new countries have also been added to the list of tariffs.

How much tariff is on which countries?

• Philippines: 25%
• Brunei: 25%
• Moldova: 25%
• Iraq: 30%
• Algeria: 30%
• Libya: 30%

President Trump has sent an official letter to the leaders of these countries giving complete information about the tariff. Under this decision, the maximum tariff has been fixed at 30%, which will apply to Iraq, Algeria and Libya. The Trump administration believes that this step is necessary to protect American trade interests.

10% tariff on BRICS countries also
Trump had announced a plan to impose a 10% tariff on goods coming from BRICS countries Brazil, Russia, India, China and South Africa a day earlier. This step may further increase commercial tension between the US and emerging economies.

Big rates on copper and medicines
President Trump also informed that 50% tariff will be imposed on copper (copper) in the US. Along with this, he indicated that the tariff on pharma products (medicines) can increase by 200% within a year.

Together, there has been an atmosphere of uncertainty and anxiety in the global markets, because these changes in business policies can have a big impact on international business.

Us Donald Trump Tariff on India: According to a new report by CARAEGE ratings, India may face export losses of $ 3.1 billion (about Rs 25,700 crore) due to a possible new tariff to be declared by US President Donald Trump. This figure is equal to about 0.1 percent of India’s GDP (GDP), which can become a matter of concern for the Indian economy.

According to Smita Rajpurkar, director of CARAIGE Ratings, increasing tariffs may have a serious impact on India’s major export areas, including many areas. For example, textile and garment industry, automobiles and auto parts include IT and pharmaceuticals. Explain that a huge amount of cloth is exported to America from India, which will be affected by increasing tariffs. The Indian auto sector is already facing recession, so it can be further affected by the new tariff. India’s IT and pharmaceutical companies make good profits from the US market. Increasing tariffs will increase cost, which can reduce the competitive capacity of Indian companies.

Possible impact of tariff on India
If US President Donald Trump announces a tariff on India, then many types of major effects can be seen, which is not being considered right for the Indian economy in any way.

Exports fall: Increased tariffs will cost Indian companies to send goods to America, which can reduce their demand.
Putstation in currency: Indian rupee can weaken due to increasing business tension with America, which will make imports expensive and inflation can increase.
Investment reduction: Global investors can avoid investing in India due to increasing trade stress, which can affect Indian stock market.
Business war threat: The report also warns that if the global trade war broke out, it can increase the instability in the Indian economy and negatively affect financial stability.

Can India overcome this crisis?
India will need to adopt some strategies to overcome this crisis, such as focus on other export markets. Along with this, insisting on increasing trade with Europe, Africa and Asian countries by reducing dependence on America. The local industry will have to provide subsidy and tax relief so that they can withstand the impact of the new tariff and maintain competition. India will have to talk to the US on new business treaties, so that economic balance can be maintained.