By Admin 
Us tarifs on china: US President Donald Trump has once again taken a big step against China. On Thursday, he increased the import on Chinese goods and increased to 145 percent. This decision was taken when China imposed 84 percent tax on American goods. According to a report by Bloomberg, this information is given in a White House document.
Earlier, the Trump government implemented China, accusing China of involvement in smuggling drugs named Phantanil. Trump had earlier announced 125 percent tariff to reduce America’s trade deficit and respond to the tax imposed by China.
White House released a statement
According to the new policy of the White House, 145% import duty has been imposed on everything coming from China. Apart from this, 25% tax will be levied on aluminum, cars and things outside the US-Mexico-Canada Agreement (USMCA), 10% tax will also be applicable on all other imported things.
President Trump said in a cabinet meeting on Thursday, “We will have to pay some price during this time, but in the end it will get a good result. We are in a strong position.”
Is this the next stage of business war?
This policy of President Trump is part of his “America First” thinking. The aim is that American companies work in their country, construction in the country and balance in business, but experts believe that by imposing so much tax, the common people may have to face the effect of increasing the prices of things and the supply chain of the world can also be disturbed.
Trump had said a day ago that most countries will be given 90 days relief in some tax, but China will not get this discount. The 125% tax that was imposed on China earlier has now been increased to 145%. Now everyone’s eyes are on what China reacts to this decision and what effect does it affect the global trade.
Prime Ministers of Britain and Japan protested US tariffs
The British Prime Minister Kir Stmper spoke to Japanese Prime Minister Shigeru Ishiba. The two leaders agreed that no one would benefit from the trade war. According to the report by the news agency Xinhua, the new and controversial tariff set of the US has increased tension in recent weeks, which has severely affected the global markets.