Us on tariff: The US has decided to impose 125 percent tariffs on goods coming from China. This was announced by President Trump himself on Truth Social, while Trump has stopped the tariffs imposed on 75 other countries for 90 days. Trump said that all these countries are ready to talk with America.

US Finance Minister Scott Besant said during a press briefing at the White House on Wednesday (April 9) that India is a country that is at the forefront to talk with us on tariffs. He said on 125 percent tariffs imposed on China that this step was taken because China is doing business wrongly in the global market. China’s economy is creating imbalance. This tariff is not only for China, but also for those countries that violate trade rules.

Finance Minister Scott Besant emphasized that such a step will pay attention to all countries like China, which are creating imbalance in global economy. He further said that in the midst of tariff announcements, our main negotiations about the trade issue are being held with India, Japan and South Korea, all of them are neighbors of China. We want to talk to all those countries on the issue of tariffs, who will come forward and propose our proposals, we will also give them awards. We are considering reducing the already implemented tariffs to 10 percent for them.

World looking towards America- Caroline Levitt
White House press secretary Caroline Lewit said during the press briefing that the world is looking not towards China, but towards America, because they need our market. He further said that the media ignored the art of “The Art of the Deal”, but in reality the rest of the world is now getting away from China and closer to America.

China reverses America
After the US imposed 104 percent tariffs, China had increased the 34 percent tariffs imposed by 50 percent, after which the figure increased to 84. After this decision, the US announced to impose 125 percent tariffs on China. Along with this, it was also decided to stop the tariffs on the remaining 75 countries for 90 days. The 125% tariff on China by the US is a sign of the beginning of the new era of global trade. This step is an extension of President Trump’s “America First” policy. However, in the coming months it will be clear that this conflict increases stress or gives rise to new business balance.