By Admin 
Trump tarifs: The US announced a unilateral tariff against countries around the world including India. This decision of President Trump is being strongly criticized. After his move, while on the one hand, the US court called it illegal, on the other hand, this move of President Trump has created a big challenge in front of India’s exports. Many such sectors including leather, which required a lot of labor, have been in crisis due to 50 percent of the tariffs of America.
However, the central government has assured these sectors that they are working seriously and are also turning to other markets.
American tariff will get an answer
India, after changing its policy after the high tariff of America, has tried to improve the sour relationship with the neighboring country China to a great extent. From Chinese apps to many of their products, the routes of entry are also being opened. Along with this, work is also being done on free trade agreement with the European Union besides Russia and other countries.
Overall, the government is now taking all possible steps to compensate for the loss that is being taken due to the US tariff.
India-China fight together
Here, China has strongly opposed the high American tariff placed over India. Ambassador Shu Faihong said on Monday that China strongly opposed the 50 percent of the “unfair” fee imposed on India by the Trump administration. He also said that India and China should intensify economic relations to combat this challenge together.
The Chinese ambassador said that both India-China are victims of terrorism and Beijing is ready to work with the international community including New Delhi to deal with this challenge. He said in response to questions after his address at an event organized on the occasion of the 80th anniversary of China’s victory against Japan, that the US is using the fee as a type of ‘weapon’ to recover “excessive” tariffs from various countries. Two extremely important emerging economies India and China should cooperate with each other to deal with this situation.
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