By Admin 
On behalf of President Trump, more than 180 countries in the world including India were imposed reciperoot tariffs. After this there has been a stir in the international market. Experts even believe that this tariff declaration of Trump will not only increase inflation, but will reduce production, trade war will sprinkle and even the US economy is being estimated till the slowdown of the recession.
In the midst of all this, let us know that the 27 percent tariff that America has imposed on India is actually what happens. Tariff means a kind of tax that is imposed on any imported goods.
The purpose of any country can be different for putting tariffs. One is that the tariff -imposing country wants to keep the price of that particular item imported so that it does not affect the domestic manufacturer. That is, he is to avoid competition and another objective is to earn revival by applying tariff.
It can also be understood that if a tax of 50 percent is levied by India on any American goods, then in response to this, America can also impose tax on importing goods from India accordingly. That is, while doing this, not only the domestic market is given protection in a way, but the balance of business remains from it.
However, Trump has used a recipe on countries around the world by imposing recipes and weapons, so that the US can put pressure against the product that is imposing more tax against the product.
However, less developed or other countries argue that there are developing countries, so they are charging more taxes. But Trump has not only tried to pressurize those countries by putting tariffs in a way, but it is believed that its widespread impact can also be seen in the global economy.
Also read: Did Trump kill himself by increasing the tariff? Experts said- US economy hover